Is the US Banking Crisis Over? It Has Barely Begun
Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.
Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.
Ryan McMaken and Alex Pollock talk about the Fed's negative cash flow.
As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression.
Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves.
This episode of Good Money with Tho Bishop features guest Ryan Griggs of Griggs Capital Strategies.
As government regularly intervenes in economic and financial markets, both continue to deteriorate. We must understand the kind of damage government causes.
By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.
Mark explains why the market for existing homes has been diverging from the market for new houses.
We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.