FED Archives - Page 2 of 12 - Rethinking the Dollar

Socialism at Its Finest after Fed’s Bazooka Fails

Mar 25, 2020 | World News

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in...

Welcome to Sweatshop Amerika!

Mar 23, 2020 | World News

The next bailout will be our last Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that? Now imagine if a panicky and ill-informed Congress gave the Fed a blank check to...

Fed’s Panic Accelerates Market Plunge

Mar 19, 2020 | Fed

Asia and Europe markets fell sharply Monday despite emergency measures by the Federal Reserve to calm investors. Australia stocks dropped almost 10% as investors grappled with the unknown economic impact of the global coronavirus pandemic. The sell-off continued...

The Fed Has Sufficient Tools—to Wreck the Economy

Mar 18, 2020 | Fed

In its emergency announcement on Sunday evening, the Fed assured us that it “is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.” The Fed put its...

The Fed Has Pumped $9 Trillion into Wall Street Over the Past Six Months, But Mnuchin Says “This Isn’t Like the Financial Crisis”

Mar 16, 2020 | Fed

On February 12, 2020, the Dow Jones Industrial Average closed at 29,551.42. Yesterday, March 13, the Dow closed at 23,185.62 -– a loss of 6,365.80 points in one month’s time, or 21.54 percent. In 2008, the greatest financial calamity since the Great Depression, the...