Federal Reserve

Federal Reserve

The Growing Influence of the Unchecked Monetary Financial Complex

Federal Reserve By David Stockman.  |  June 10, 2019

Here’s the relevant inventory of the Bubble Finance Era: There’s essentially no free-market interest rate. Real yields across the maturity spectrum are nearly zero. Read More

This is “Late Bubble Finance”

Federal Reserve By David Stockman.  |  June 10, 2019

Turns out Jay Powell is the Janet Yellen and the Ben Bernanke of Alan Greenspans. Read More

The Third Time Will Not Be a Charm

Federal Reserve By David Stockman.  |  April 23, 2019

The Edge… There is no honest way to explain it because the only people who really know where it is are the ones who have gone over. – Hunter S. Read More

The “Dear Mr. Fantasy” Budget

Federal Reserve By David Stockman.  |  April 9, 2019

We must consult our means rather than our wishes. Read More

Where’s the Growth?

Federal Reserve By David Stockman.  |  April 2, 2019

Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending. Read More

The Wisdom of Monetary Central Planning

Federal Reserve By David Stockman.  |  March 7, 2019

Wisdom, itself, is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion. Read More

Step Right Up and Choose Your Black Swan…

Federal Reserve By David Stockman.  |  February 22, 2019

Shallow men believe in luck, believe in circumstances: It was somebody’s name, or he happened to be there at the time, or, it was so then, and another day it would have been otherwise. Read More

All the Cards Are on the Table

Federal Reserve By David Stockman.  |  February 19, 2019

How long will it be found necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult? – John Read More

We Need Better Ideas Than These…

Federal Reserve By David Stockman.  |  February 5, 2019

Well, God give them wisdom that have it; and those that are fools, let them use their talents. Read More

A “Comprehensive” View of America’s Economy

Federal Reserve By David Stockman.  |  February 1, 2019

The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and Read More