Below you'll find a list of all posts that have been tagged as “Federal Reserve System”
How many can cite verifiable facts to back up their opinions and conclusions? How many are looking through a completely colored lens of preconceptions, programmed ideology, and herd mentality bias? How much longer can the current course continue before the human race hits the wall at full velocity? The collective insanity that currently runs and rules the world continues to …
Dr. Rasmus debunks the media hype about wages now rising, showing how in fact real weekly earnings for non-management workers (both full and part time) over the past year amounts to only 6 cents to 8 cents per hour, based even on government Dept. of Labor data. And the trend is downward, as wage(hourly wage x hours worked) earnings change …
Paying for Catastrophe Whether a flood, fire, hurricanes or a failed financial system, the Federal Reserve and the US Treasury have the means to address big financial challenges in a variety of ways – if they want to. Recent devastations challenge our understanding of how to pay for recovery, but when we look back to our not-so-distant past, answers emerge in …
Who runs and controls the Federal Reserve and what is its ultimate goal James Corbett is the founder and editor of the Corbett Report, a website he started in 2007 to provide critical analysis on politics, society, economics and history. He has written, recorded and hosted 1000s of hours of audio and video which has brought him to the attention of major independent media …
The Fed and other central bank leaders gathering at Jackson Hole Wyoming today express concern for financial instability. Fed chair, Janet Yellen, warns of the Trump administration’s current fast tracking of financial deregulation, driven by the Goldman Sachs-driven US Treasury Secretary, Steve Mnuchin. Dr. Rasmus explains how shadow bankers, like Goldman Sachs, now have almost complete dominance over Trump economic …
The next financial crisis on the horizon and the role of the Central Banks in bringing it about Dr. Jack Rasmus is a professor of political economics at St. Mary’s College and Santa Clara University in California. Prior to teaching, he was an economic analyst for several global corporations and an organizer, negotiator and business representative for several labor unions. At one …
Dr. Rasmus initially comments on the continuing slowdown of prices and the Federal Reserve’s 9 year long phony targeting of 2% inflation. Rasmus reviews his just published article in the European Financial Review, “The Limits of Central Banks’ Emerging Policy Shift” (available on his blog, jackrasmus.com) and what’s next after the Fed’s Jackson Hole gathering in late August. Next a comment …
Dr. Rasmus explains how the global capitalist economy crossed a kind of economic rubicon with the 2008-09 global crash and has not been able to restore itself to pre-crisis trends. With 2008, the growth in global trade as a percent of global GDP hit a wall, stagnated after, and is now declining as a percent of global GDP which itself …
Download this episode (right click and save) Dr. Rasmus reviews key decisions by central banks this past week that are making investors nervous about stock and bond market bubbles that have been created since 2008. Heads of central banks in Europe—the ECB and Bank of England—this week signaled they too may raise interest rates and sell off their QE balance …
Dr. Rasmus continues the review of the Federal Reserve Bank, showing how the private banks today control the Fed more than ever in recent decades. How the Fed’s structure permits private banking interests to dominate strategic decisions of the central bank, and how there control of the Fed is about to deepen further under Trump. Jack explains how the expansion …
