Tag Archives: ZIRP

No Jobs for the Young, No Retirement for the Old

You may have seen a variation of this chart of employment in the U.S. by age group. This chart–courtesy of mdbriefing.com— shows the number of those employed (with any kind of job–full-time, part-time, self-employed) as a percentage of the Civilian … Continue reading

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Memo to the Fed and its Media Tool Hilsenrath: We’re Not Here to Enrich Your Corporate Cronies

The Federal Reserve is appalled that we’re not spending enough to further inflate the value of its corporate and banking cronies. In the Fed’s eyes, your reason for being is to channel whatever income you have to the Fed’s private-sector … Continue reading

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Is Our Economy’s Cinderella Carriage About to Turn Into a Pumpkin?

The past six years of expansion have been as illusory as Cinderella’s magic carriage. The clock is about to strike midnight, and our Cinderella economy’s magic carriage will revert to a pumpkin. The magic of the Federal Reserve’s flood-the-fields policies … Continue reading

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The Fed Blew It

The Fed had multiple opportunities to let the air out of unsustainable asset bubbles by notching interest rates higher and tapering its asset purchases (QE). The Federal Reserve blew it by not normalizing interest rates a long time ago. The … Continue reading

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The Biggest Scandal in America Is Its Controlled Press

Eric Zuesse How many Americans know that the current regime in Ukraine was installed in a very bloody February 2014 coup d’etat, that was planned in the U.S. White House, and overseen by an Assistant Secretary of State, Victoria Nuland, … Continue reading

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