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MMT: The Merger of the Treasury and Fed To Stimulate the Economy
This week Treasury Secretary-nominee Janet Yellen addressed the Senate Finance Committee during her confirmation hearing. In her statements, she argued that major fiscal stimulus is justified to support the economy while the pandemic still rages. She stressed the need...Fed-Driven Bubble Destined To End Badly
Reassurance from central banks is only emboldening investors to add to their risks. Regardless of what he says Fed Chair Powell has confirmed the Fed plans to continue its role as the great enabler. Every time the Fed signals more easing or that it will keep rates low...
Paper Money Is Not Wealth
When governments started locking down the economy in response to coronavirus, the Federal Reserve sprung into action. First, it slashed interest rates to zero. Then it quickly launched what we’ve dubbed QE infinity. In effect, that meant printing trillions of dollars...
US headed for dollar & sovereign debt crisis on scale never experienced
The US Federal Reserve has never been right in its policies and has set up the American economy for an even bigger crisis, said economist Peter Schiff at the Virtual Investor Day Conference. According to Schiff, the United States is entering the final chapter of the...Start Your Dollarcation With RTD University
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