Businessweek argues that the European crisis is hurting the US economy. It ignores ignores the fact that European capital flight is driving US interest rates…
The Fed’s pumping will now pick up from the reduced pace of the past two holiday weeks. That will coincide with another Treasury paydown this…
The Fed’s pumping of massive amounts of cash into Primary Dealer trading accounts has been increasingly flowing into stocks. There’s been no increase in lending…
Federal Reserve Purchasing Over 60% of 2011’s Fiscal Deficit
Submitted by Gonzalo Lira on Tue, 4 Jan 2011
The other day, in my post “The Lull Before the Storm”, I mentione…
Well, the alleged purpose of this fiscal and monetary insanity is to ludicrously and tragically attempt to, literally, buy the government out of bankruptcy with all this new money, while simultaneously continuing to pay the half – half! – of th…
