Many are questioning the Federal Reserve’s credibility after a Federal Open Market Committee (FOMC) announcement was deemed “ridiculous” and “incredible” over its forecast. Some are now wondering when the next interest rate hike will happen. One Federal Reserve official says he will be advocating for another one as soon as April. Speaking in an interview […]
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Goldman Sachs says Fed will have to raise interest rates four times in 2016 to become a central bank for the U.S. again
The world needs accommodative monetary policy. The United States does not. Those are the words from Goldman Sachs economists, who warned that the central bank may have to implement four rate hikes in 2016. According to Chief Economist Jan Hatzius and Economist Sven Jari Stehn of Goldman Sachs Group Inc, the Federal Reserve will have […]
Will the ‘Ron Paul Rule’ haunt the Republican Party in its battle against Donald Trump?
CNN had former Texas Republican Congressman, three-time presidential candidate and recipient of the machine’s insidious tactics Ron Paul on their show to talk about Rule 40, otherwise known as the “Ron Paul Rule,” or the “anti-Ron Paul Rule.” In 2012, as you may remember, was a very interesting time in GOP politics. The likes of […]
Week in Review: Mar. 14 to Mar. 20
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: Meme Monday: Defaced Bernie Sanders sign simplifies socialism for the Internet Paul Krugman’s 1993 stance on free trade very different from 2016 views David Stockman asks valid question: […]
We Need the Pain that Comes with More Saving
By: C. Jay Engel The endgame of monetary side manipulations is upon us. Since 2008, central banks have done what they thought was needed to bring the markets back from the pain they experienced during the crash. The problem, of course, is that these Keynesians and Monetarists placed the high level of stock markets as […]