Category Archives: Federal Reserve

Richard Murphy: Why the Swiss Referendum Proposal of Giving the Central Bank Complete Credit Control is Dangerous Folly

Correcting some misunderstanding about proposed monetary reforms that are the subject of a referendum this weekend.

Trade War: How Tensions Have Risen Between China, the EU and the US

A very useful recap of trade measures taken so far and potential impacts of various threats made by the US, China, and EU.

Bill Mitchell: QE Failed in Japan

A short and devastating proof that QE was a bust in Japan.

Leaky Fed: New Study Uses Taxi Ride Data to Show Increase in Visits When Blackout Lifted and Around FOMC Meetings

Taxi ride data suggests that the Fed is throwing some juicy informational bones to big banks, whether by accident or design.

Central Banks in the Age of Populism

Central banks are under more and more pressure to respond to public dissatisfaction with their stewardship. Is that such a bad thing?

The Free Market Threat to Democracy

Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.

Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers

Wells Fargo is still up to no good…

Mr. Market Has a Meltdown

Musing on the market swan dive yesterday.

Banks Wince as Wells Fargo Gets a Harder Than Usual Wet Noodle Lashing from the Fed

The Fed implements some new punishments at Wells Fargo, but this is weak tea when what is needed is rat poison.

Nomi Prins: Trump’s Financial Arsonists

How Trump’s financial deregulators are arranging more gimmies to banks.

Nomi Prins: My Financial Road Map for 2018

Some crystal ball gazing for 2018.

Powell’s Federal Reserve

Economists wring their hands over what it means to have a mere lawyer, Jerome Powell, as Fed chairman.

The Rise and Fall of the Phillips Curve

The Phillips Curve is broken and is used by policy-makers to hurt workers. Can it be fixed?

Why Those Looking for the Next Crisis May be Looking in the Wrong Places

More and more experts are nattering nervously about market risk and occasionally using the “crisis” word. What are the potential hazards?

Ilargi: The Curious Case of Missing the Market Boom

A skeptical look at a defense of stock market valuations.