Cronyism

The Fed Gave Wall Street A Bomb, And The Taxpayers Are Paying Ransom

In 2016, this policy paid $16 billion to big banks, a number that will likely rise as the interest rate payments go up with every increase in the federal funds rate...So this is the true policy issue going forward, how do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?

Europe's Banking Dysfunction Worsens

Investors who think that Europe is close to adopting an effective approach to dealing with failing banks may want to think again....

Killing Them Is Killing Us

"Does any phrase more aptly characterize the US population than 'dreadful lassitude'? The US government murders in their name. They accept its rationalizations, bread, and circuses, avert their eyes, and sink into technological and pharmacological oblivion. "

Five Takeaways From Yellen's Hearings On The Hill

Though the hearings lost much of their appeal when Dr. Ron Paul retired from Congress, the House Republicans have maintained a reputation for being far more hostile to the Federal Reserve than their colleagues in the Senatemanaging to generate some worthwhile moments. While little news was made, with Yellen maintaining her support for generally low interest rates, there were some points made this week worth noting.

If We Don't Change The Way Money Is Created, Social Disorder Is Inevitable

The status quo "solution" is Universal Basic Income (UBI), a form of subsistence designed to quell the righteous urge to throw off the monetary yoke of the privileged financial Elites. If scraping by as a debt-serf on UBI is the New American Dream, we need a new economic/social system.