Richard Fisher

Tales From The FOMC Underground

"Many of today’s economic troubles are due to a fantastic guess proved false... That the wealth effect of inflated asset prices would stimulate demand in the economy."

The Federal Reserve Is A Saboteur - And The "Experts" Are Oblivious

"It is important to understand what the Fed actually is - the Fed is a weapon. It is a weapon used by globalists to destroy the American system at a given point in time in order to clear the way for a new single world economy controlled by a single managerial entity (most likely the IMF or BIS). This is the Fed's purpose. The central bank is not here to save the U.S. from harm, it is here to make sure the U.S. falls in a particular manner — a controlled demolition of our fiscal structure."

The Fed Still Has On Its Beer Goggles

"The danger with these econometricians is they don’t know their own limitations, and they have a far greater sense of confidence in their analyses than I have found to be warranted... They are, however, dangerous to people like you and the politicians because you don’t know their limitations, and you are impressed and confused by the elaborate models and mathematics."

Knave Dave's picture

After years of trying to create a "wealth effect", the Federal Reserve is slowly dialing down its special-effects machine. Yet, this week, the stock market provided dot-com-era proof of completely iirrational exuberance -- the kind of stupid stuff that happens when cheap money follows free money.

Is The Fed's Balance Sheet Headed For The Crapper?

It’s no secret the plumbers at the Fed are feverishly devising a way to unwind their $4.5 trillion balance sheet with officials claiming this will nary elicit an inkling of a disturbance in the markets they’ve coddled all these years. But one must wonder, at the timing, at the ostensive optics, if nothing else...Unless, that is, the motivations of shrinkage are less than magnanimous and dare one say, immoral.

In A Battle Between Trump And The Federal Reserve, Who Really Wins?

The U.S. economy and the dollar are slated for a controlled demolition.  The Fed will do everything in its power to prod Trump and conservatives into war with the central bank, because the Fed is now ready to sacrifice itself and the dollar’s world reserve status in order to clear a path for a new global system and ideology. The Federal Reserve is a suicide bomber.

Former CIA Spy Has A Christmas Message For Trump

"Dear Mr. Trump, I am among the tens of millions who voted for you, and also among the twenty thousand or so that spent fifteen months obsessively devoted to getting you elected. I went to bed in tears on election night, only to be woken at midnight by my wife to watch the miracle unfold..."