By: Andrew Moran In the world of economics, one of the primary headline makers in 2020 was the Federal Reserve System. The U.S. central bank embarked upon an unprecedented monetary policy, unleashing unlimited quantitative easing, slashing interest rates to historic lows, and bailing out Corporate America (again). With a balance sheet adding trillions of dollars, critics fear there is a […]
Federal Reserve
In October, Money Supply Growth Remained Near All-Time Highs
By: Ryan McMaken In October, money supply growth fell slightly from September’s all-time high, although growth still remains at levels that would have been considered outlandish just eight months ago. October’s easing in money-supply growth comes after eight months of record-breaking growth in the US which came in the wake of unprecedented quantitative easing, central bank asset purchases, and various […]
Federal Reserve’s easy money policies to boost equities until mid-2021
In one of those “well, duh” stories, a new forecast predicted that the Federal Reserve’s easy money mechanisms will drive the equity markets until the middle of next year. According to Max Life Insurance, India’s largest non-bank private life insurance company, equities markets will continue to surge until mid-2021, thanks to ultra-low interest rates and […]
EVIL: Central bankers pushing for higher price inflation as household incomes drop
By: Daniel Lacalle Central banks continue to be obsessed with inflation. Current monetary policy is like the behavior of a reckless driver running at two hundred miles per hour, looking at the rearview mirror and thinking, “We have not crashed yet, let’s accelerate.” Central banks believe that there is no risk in current monetary policy […]
Judy Shelton nomination to Federal Reserve unlikely to happen
Well, it looks like Judy Shelton will not be employed by the Federal Reserve. The United States Senate’s upper chamber voted 50-47 against a move to limit debate on her nomination, a huge blow to her chances of securing a seat at the Fed. At this point, the only path to victory for Shelton is […]