Presently In A Staggering Bail-Out Of The Banking System

Presently In A Staggering Bail-Out Of The Banking System

Jan 13, 2020 | News

Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial press has seized a bed pillow, placed it over this important story… and...
The Fed Will Buy 40% Of US Treasury Net Issuance In 2020

The Fed Will Buy 40% Of US Treasury Net Issuance In 2020

Dec 16, 2019 | News

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. Given the...