The Fed Is Paying Banks Not to Lend!

The Fed Is Paying Banks Not to Lend!

Jun 7, 2021 | Economy

The Federal Reserve has added $2.6 trillion to the US economy since the start of 2020. These actions, along with recent fiscal spending programs, have caused many economists to worry about the risks of price level inflation and overheating of the economy, potentially...
China’s New Pandemic: A Bond Default Crisis

China’s New Pandemic: A Bond Default Crisis

May 26, 2021 | Economic Collapse

China was one of the first major countries to recover from the coronavirus-induced economic collapse—but at what cost? The country has taken on enormous levels of public and private debt, eased monetary policy, and issued billions of dollars in new bonds. Yet, as the...
The Repo Crisis Shows the Damage Done by Central Bank Policies

The Repo Crisis Shows the Damage Done by Central Bank Policies

Dec 11, 2019 | News

The Federal Reserve has injected $278 billion into the securities repurchase market for the first time. Numerous justifications have been provided to explain why this has happened and, more importantly, why it lasted for various days. The first explanation was quite...