Posts tagged with: Treasury

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.”...
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Thursday early afternoon, during the chaos when the S&P 500 was down nearly 9%, what would turn into the worst single-day stock market sell-off since the 1987 crash, the Fed rolled out its fastest mega money-printer yet, after its smaller...
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The US is heading for economic lockdown as the impact of the coronavirus grows. To cope with the crisis, President Trump has promised fiscal stimulus. The actual plan remains unclear, but the Trump administration has floated a reduction in payroll...
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And it’s not just gold. The Fed is already hinting that more money printing is coming.  Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession.  A couple other Fed officials this week confirmed...
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Every once in a while the truth shines through and we got a few doses of it today. Recently critics who suggested that the Fed’s QE policies artificially elevate asset prices were dismissed as QE conspiracists, but the truth is that...
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Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace....
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With the federal deficit running 22% higher during the first ten months of 2019 compared to the same period last year ($800bn vs. 655bn), student loans and other federal programs which increase the Treasury’s overall borrowing are running somewhat lower....
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