Truth… Hurts!

Truth… Hurts!

Feb 11, 2020 | News

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 central bank policies are...
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...