Jack reviews briefly the apparent flip-flop by Janet Yellen, chair of the US central bank, in her talk on September 24, as she shifted course…
Central bank
Jack Rasmus discusses the US Federal Reserve’s decision to keep interest rates near zero and keep free money to banks and speculators flowing. Jack explains…
On August 27th, I had the opportunity to address the Aspen Institute, UNIFIMEX and PWC in Mexico City during a Q&A with Patricia Armendariz. Subsequenty,…
There was something for everyone in August’s US jobs report. The headline figure for jobs growth was less than expected, but the last two months…
The meeting of G20 finance ministers and central bankers held in Ankara, Turkey over the weekend underscored the inability of the major capitalist powers to…
In the early days of central banking, one primary objective of the new system was to take ownership of the public's gold, so that in…
The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The…
Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the…
“No flow, no go.” That may be the simplest way to describe the critical role of central banks to the flow of credit and money…
When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on…
The conventional wisdom is that no other currency in the world can support the global bond market save the US$ Toilet Paper Money. Therefore, we…
Is the financial deprivation of entire nations engendering a new level of frustration and political unrest? Are the unlikely top-ranked US presidential candidates a sign…