Once we understand this mechanism, we understand that labor can never get ahead.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The new program of massive QE has been ignored.
The Fed’s nearly free money for financiers policies in support of the Super-Rich do not exist in a vacuum–the disastrous consequences are already baked in.What’s holding up the U.S. stock market? The facile answer is the Federal Reserve…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The Federal Open Market Committee has now completely reversed its 2018 policy goals
Maybe it was a sign of things to come, a warning how it wasn’t going to go as planned.
Well that was fun. Big nasty drop and a vicious rally back up. Standard script right?
The extraordinary $575 billion M2 growth over the past 22 weeks (that receives zero attention) was the second strongest (22-week) monetary expansion in U.S. history, trailing only 2011’s “QE2” period.