If the Fed Goes, The State Will Soon Follow
The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.
The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.
Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.
Sponsored by Thomas and Lisa Dierl.
Sponsored by Dan Johnson and Randee Laskewitz.
Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.
Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story.
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.