Free Money

Trump Slams Yellen: The Fed Has Created A "Stock Bubble" And "A False Economy" To Boost Obama

"The Fed is keeping the rates artificially low so the economy doesn't go down so that Obama can say that he did a good job. They're keeping the rates artificially low so that Obama can go out and play golf in January and say that he did a good job. It's a very false economy. That's only strong because it's free money because the rates are so low. It's an artificial market. It's a bubble."

Labor Day Summary: Wage Earners Have Taken A Beating

Let's honor Labor Day by reviewing what's happened to wage-earners in the eight years since central banks "saved the financial system" with free money for financiers: It's really very simple: wage-earners have seen their real earnings stagnate or decline while those chosen few with access to near-zero interest borrowed capital have seen their net income and wealth explode higher.

Finland Unleashes Helicopter Money In "Greatest Societal Transformation Of Our Time"

Finland is about to launch an experiment in which a randomly selected group of 2-3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The pilot study, running for two years in 2017-2018, aims to assess whether basic income can help reduce poverty, social exclusion, and bureaucracy, while increasing the employment rate.

Memo To The Donald - 10 Great 'Deals' To Save America Before It's Too Late

Unfortunately, it appears too late to reverse the tidal wave of system failure that has been brewing for three decades now. But there is a sliver of hope.If Donald Trump is elected, eschews a law and order crusade and does not capitulate to the destructive policies of the Wall Street/Washington/bicoastal establishment, there is a way forward..

Saving The System: Exposing The 4 Fallacies Of Modern Monetary Policy

Monetary policy, we are told, is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today’s monetarism have completely lost their way. The real reason for today’s global monetary policies is an ultimately futile attempt to prevent a systemic and economic crisis.

Could Inflation Break The Back Of The Status Quo?

Unprecedented expansion of credit, wage inflation and much-needed limits on the power of central banks to give away billions to oligarchs will generate inflation. The central planners have successfully masked real inflation behind a smokescreen of official statistics, but eventually a wind will rise that blows the smokescreen away, and the reality of rising inflation will break the back of the financial-political status quo.

Trump Says It's Time To Sell Stocks, Warns Of "Very Scary Scenarios" For Investors

Now that we are exactly three months away from the November 8 election, if Trump wants to really boost his electoral chances, a market crash right now be certainly most welcome by his campaign. Which may be why Trump today urged his supporters to get out of equities as "interest rates set by the Federal Reserve are inflating the stock market" and warned of "very scary scenarios" for investors.