Main Street

Tyler Durden's picture

Fed To Main Street: Screw You - Wall Street Matters More

One can’t help being left slack-jawed witnessing that the Fed has just publicly inserted itself into geopolitics via its monetary policy as de facto first responder/savior of all economies. Even if it puts U.S. savers, retirees, along with its economy in the back seat.

Tyler Durden's picture

"Blood In The Casino Like Never Before" - Riding ZIRP Into Monetary Central Planning's Dead End

What the Fed really decided Thursday was to ride the zero-bound right smack into the next recession. When that calamity happens not too many months from now, the 28-year experiment in monetary central planning inaugurated by a desperate Alan Greenspan after Black Monday in October 1987 will come to an abrupt and merciful halt. Yellen and Co should be so lucky as to only face torches and pitch forks.

Tyler Durden's picture

"S&P < 1870 Until QE4 Or China QE1" - Seven Observations On The Fed's "Shocking" Announcement

"Asia banks indicate in coming weeks markets at early stage of crisis; Q3 EPS shows recessionary global economy. Crowded Discretionary, Banks, Tech & Eurozone most at risk should peak liquidity coincide with EPS recession, SPX<1870, GT30<2.8%, DXY< least until new extreme policies introduced (Fed QE4, China QE1 or a G7 shift toward fiscal policy stimulus)."

Tyler Durden's picture

The Real Reasons Why The Fed Will Hike Interest Rates

With a complex and disaster-prone system of interdependence causing social strife and chaos, why not just simplify everything with a global currency and perhaps even global governance? The elites will squeeze the collapse for all it’s worth if they can, and a Fed rate hike may be exactly what they need to begin the final descent.

Tyler Durden's picture

The Truly Stupid Case For More ZIRP

"Every day brings another reason why the Federal Reserve should hold off before raising interest rates... First and foremost there was the recent plunge in stock prices."

Tyler Durden's picture

Inside Janet Yellen's Brain At 4am...

Will Janet Yellen proudly put the Fed on the side of the angels, announcing that she and her crew have decided to move the Fed’s key interest rate to a more normal level… regardless of how much it costs the cronies? No, she won’t. Once you begin manipulating markets, it’s a hard habit to break. After nearly seven years of emergency financial policies, we are now in a permanent emergency..."What if they say it’s my fault? What if they call it the Yellen Depression? Oh, no... It’s not fair... It’s not fair... Boo-hoo... sob... sob... I should have stayed at Harvard. I’d have tenure. I’d have a nice pension. George and I could go the Martha’s Vineyard in the summer. It would be such a nice life."

Tyler Durden's picture

The Unstoppable Trump Juggernaut: How The GOP Establishment Hopes To Crush The Donald's Presidential Run

If anyone wants to beat Trump in his own game, they will have to show and prove to the voters of America, that the existing system not only still works, but is worth saving in its current broken form. This is the biggest challenge to everyone - on the right, on the left and in the middle - even if nobody wants to admit it.

Tyler Durden's picture

Goldman Sachs - Perpetuator Of The Fed's Jihad Against Savers

One of these days, the people of main street will rediscover their torches and pitchforks. But until they do, Goldman has apparently invented still another ruse to keep the Fed doing Wall Street’s bidding, and to thereby keep its wretched jihad against savers fully in force.

Tyler Durden's picture

Why The Keynesian Chorus Is Cackling Like Chicken Little

This is getting way too stupid. The Keynesian Chorus has launched a full blast trilling campaign, emitting an increasingly shrill cackle of warnings against a Fed rate hike. Yes, 80 months of pumping free money into the canyons of Wall Street is not enough. Why? Well, this is hard to type with a straight face, but according to the cackling gaggle of Keynesian Chicken Littles, the Fed has already tightened too much!

Tyler Durden's picture

Life In A Cashless World: How Cash Became A Policy Tool – An Interview With Dr. Harald Malmgren

Banks in the US and Europe are trying to develop a cashless transactions system. The concept is to establish a comprehensive ledger for a business or a person that records everything received and spent, and all of the assets held – mortgages, investment portfolios, debts, contractual financial obligations, and anything else of market value. There would be no need for cash because the ledger would tell you and anyone you were considering a transaction with how much is available and would be transactable at any specific moment. This is not a dreamy idea. Blythe Masters is leading a new business effort to develop a universal cashless system. Not only is she gathering significant investor interest, but the Federal Reserve and various US Government agencies have become keenly interested in the potential usefulness and efficiencies of a universal cashless system

Tyler Durden's picture

Rigor Mortis Of The Robo-Machines

Call it the rigor mortis of the robo-machines. About 430 days ago the S&P 500 crossed the 1973 mark for the first time - the same point where it settled today. In between there has been endless reflexive thrashing in the trading range highlighted below. As is evident, the stock averages have not “climbed” the proverbial wall of worry; they have jerked and twitched to a series of short-lived new highs, which have now been abandoned. Surely most thinking investors have left the casino by now. So what remains is chart driven trading programs, racing madly up, then down, then back up again - rinsing and repeating with ever more furious intensity.

Tyler Durden's picture

The Oligarch Recovery: Low Income Americans Can't Afford To Live In Any Metro Area

We were told we needed to bail out Wall Street in order to save Main Street. Well the results are in...

Wall Street has never done better, and Main Street has never done worse.

Tyler Durden's picture

Guest Post: Stanley Fischer Speaks - More Drivel From A Dangerous Academic Fool

With every passing week that money markets rates remain pinned to the zero bound by the Fed, the magnitude of the financial catastrophe hurtling toward main street America intensifies. When the next financial bubble crashes it can only be hoped that this time the people will grab their torches and pitchforks. Stanley Fischer ought to be among the first tarred and feathered for the calamity that he has so arrogantly helped enable.

Phoenix Capital Research's picture

The Greatest Con Job In Central Banking History

One of the greatest con jobs in history was convincing ordinary people that Central Bankers care about the “economy” or Main Street.

Tyler Durden's picture

The Central Bankers’ Malodorous War On Savers

The private economy and its millions of savers exist for the convenience of the apparatchiks who run the central bank. In their palpable fear and unrelieved arrogance, would they now throw millions of already ruined retirees and savers completely under the bus? Yes they would.


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