By: Andrew Moran Several years ago, the peer-to-peer digital currency, bitcoin, rose to international prominence, generating global attention for its revolutionary technology and forecasts that it could replace cash. At the time, all the central banks and federal governments warned about the dangers of cryptocurrencies, issuing statements that virtual currencies were used for illicit purposes and […]
Federal Reserve
Federal Reserve leaves interest rates unchanged, silent on QE and coronavirus
The Federal Reserve left interest rates steady after completing its two-day Federal Open Market Committee (FOMC) policy meeting. The central bank alluded to a “strong” labor market and moderate U.S. economic growth for its decision to leaves rates in the rage of between 1.50 percent and 1.75 percent. The Fed statement was little changed from […]
Week in Review: January 20 to January 26
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: BEAST MODE: Steven Mnuchin urges Greta Thunberg to study economics before lecturing everyone Did ‘bat soup’ trigger the Wuhan coronavirus outbreak? Palladium outshines gold as it tops $2,300 […]
Andrew Moran talks to Silver Doctors about NIRP, recession, and repo markets
Silver Doctors and Rethinking the Dollar personality Mike Manwell spoke with Andrew Moran to talk about a negative-interest-rate-policy (NIRP), recession, repo markets, and a whole lot more economic issues. It is 37 minutes long. Here is the video:
Will Judy Shelton maintain status quo or bulldoze orthodoxy at Federal Reserve?
By: Joseph Salerno There is good news and bad news regarding President Trump’s nomination of Judy Shelton for one of the two vacant positions on the Federal Reserve Board of Governors. The good news is that Ms. Shelton is not a technically trained academic economist, indoctrinated in the prevailing orthodoxy. She holds a doctorate in business administration from the University […]