Posts Tagged ‘federal Reserve’
New York Fed Will Not Confirm or Deny that 5-Count Felon JPMorgan Chase Is Custodian of $2.4 Trillion of Its Securities BanksterCrime: By Pam Martens and Russ Martens, John Williams, President of the New York Fed As the financial crisis of 2008 was ravaging century-old financial institutions on Wall Street and collapsing the U.S. economy, the central…
2/7/24, SRH: Reporters Who Ask Tough Questions at Fed Press Conferences Often Disappear. Don’t Mess With the Feds or You’ll Vanish!
BY SRH: He Federal Reserve Recently Disclosed Its Preliminary Income and Expenses for 2023, Revealing an Unprecedented $114.3 Billion in Operational Losses. The Federal Reserve is a privately held corporation. Congress shall have the authority to mint money and set its value, according to Article 1, Section 8 of the Constitution. But today, the privately…
1/23/23: A Fed Whistleblower Reveals Efforts to Silence Him 30 Years Ago
By Pam Martens and Russ Martens: Walker F. Todd, Former New York Fed and Cleveland Fed Insider The U.S. Department of Justice needs to immediately appoint an independent Special Counsel to investigate how long and in how many ways the U.S. Central Bank (the Federal Reserve or simply “the Fed”) has been functioning as a protection racket…
Luongo: Cryptos “Are The Right Tool To Call Bull$hit On Central Banks”
Bitcoin: It’s Not A “Real” Truck I just bought a new truck. My 2013 Ford Focus (with requisite 5 speed Millennial Anti-Theft Device) couldn’t keep up with the rigors of my 3/4 mile trek to pavement multiple times a day. It was time to get something out of it before it began costing me real money, as…
Talk About BS: JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience
BanksterCrime: JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024. JPMorgan Foresees U.S. Economic Growth Amid ‘Ridiculous’ Fitch Downgrade and Recession Fears…
Democracy Is How Trump Came to Power. They Are Not About to Allow a Non-career Politician to Ever Take Power
Blog/Civil Unrest Posted Jul 27, 2023 by Martin Armstrong Spread the love There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention of ever paying off the debt. They are running out of buyers. Attacking Russia and…
Us Inflation Cools, Spending Stagnates as Economy Loses Steam
The Federal Reserve’s preferred measures of U.S. inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum. The personal consumption expenditures price index rose 0.1% in May, Commerce Department figures showed Friday. From a year ago, the measure eased to the slowest pace in more than two years. Consumer spending,…
These Charts Show Why the Fed Is Terrified to Stop Raising Interest Rates and Why NASDAQ Is Ripping Higher
By Pam Martens and Russ Martens: July 5, 2023 ~ The top chart above shows one of the most erratic eras in Federal Reserve policy-making history. In the 70s and early 80s, the Fed would slam on the brakes to bring down inflation by raising its benchmark rate (known as the Fed Funds rate), then slam…
De-Dollarization Trend Remains Intact
Global de-dollarization resumed in the second quarter according to data recently released by the International Monetary Fund (IMF). While the dollar share of global reserves increased in the first quarter of 2020, it fell sharply in Q2, resuming a more than two-year trend downward. The share of euros making up global reserves rose slightly and the share of yen…
“An Extremely Dangerous Game” – Central Bankers ‘Extend & Pretend’ Has Increased Risk Of “Catastrophic Collapse”
In recent weeks, there has been a lot of talk about the role of the world’s central bankers going forward. With that in mind, now seems like a good time to recap the market bailout operations during the past few years… to get some insights into how this all ends (spoiler alert – not well)! GnSEconomics.com’s Tumoas…