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The Federal Reserve Has ‘WEAPONIZED’ The Dollar
The Federal Reserve on Sunday slashed interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities, an aggressive step to insulate the U.S. economy from the coronavirus pandemic. “The coronavirus outbreak has harmed...
How The US Wages War To Prop Up The Dollar
At Counterpunch, Michael Hudson has penned an important article that outlines the important connections between US foreign policy, oil, and the US dollar. In short, US foreign policy is geared very much toward controlling oil resources as part of a...
These Are The Good Times And US National Debt Passed $23 Trillion
And these are the good times. What happens in a recession? The US gross national debt – the sum of all Treasury securities outstanding – passed another illustrious milestone, $23.01 trillion, the US Treasury department disclosed on Friday. And it got there at...Economic Dominoes Are Starting to Drop
By John Mauldin In the Great Recession, authorities faced enormous pressure to “do something.” Letting nature take its course may well have been the best strategy. But it couldn’t happen that way in our political system. They had to act. In 2008–2009, we got things...Start Your Dollarcation With RTD University
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