Progressive Radio Network

Federal Reserve System

"My father made him an offer he couldn't refuse. Luca Brasi held a gun to his head and my father assured him that either his…
It goes without saying that humans are good at causing problems. Climate change, overfishing and widespread environmental contamination from chemical toxicants are all creations of…
The poor and the working class in the United States know what it is to be Greek. They know underemployment and unemployment. They know life…
It’s starting to feel like we never actually emerged from the 2008 crisis: the U.S. government and the Federal Reserve simply threw $13 trillion at the…
We have explained on a number of occasions how the Federal Reserve’s agents, the bullion banks (principally JPMorganChase, HSBC, and Scotia) sell uncovered shorts (“naked…
The most common complaint I now hear as to why many are fearful of investing in precious metals is that they feel they have been…
If you're trying to understand today's stock market and are having some degree of difficulty, you're not alone. The markets are confusing enough sometimes for…
As most people know, economists are good at rewriting history. We have seen this in the last few years as the collapse of the housing…
A report issued by the Organisation for Economic Cooperation and Development (OECD) last Wednesday is confirmation that the financial crisis of 2008 was not a…
According to the Bank for International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another…
Remember when the Department of Homeland Security was issuing those color-coded terrorist alerts? Well, they don’t do that anymore.  They’re back to using plain ole black-and-white…
Ed Kane, a professor of finance at Boston College and grantee at the Institute for New Economic Thinking [3], studies the dangerous risk-taking of giant banks. He…