Progressive Radio Network

Federal Reserve System

Everyone take a deep breath. This isn’t 2007 again.  The banks aren’t loaded with $10 trillion in “toxic” mortgage-backed securities, the housing market hasn’t fallen off a…
Jack Rasmus comments on the worried commentary about the global economy today coming out of this week’s World Economic Forum in Davos, Switzerland. The annual…
A curious reality about Official Washington is that to have “credibility” you must accept the dominant “group thinks” whether they have any truth to them…
William White is one of the world’s top economists. He was the head economist for the Bank for International Settlements (BIS) – the world’s most…
Remember when Bitcoin and its digital currency cohorts were slammed by authorities and written off by the elite as worthless? Well now, as the war…
When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that…
Gerald Celente breaks down how the talking airheads on business broadcast media keep missing the larger picture of crumbling worldwide economies and the undeniable underlying…
The conventional wisdom was that the Fed’s rate hike on December 16 of last year was going to help big bank stocks by boosting their…
So the slide continues with no end in sight. As expected this morning, the oil price has fallen below $28 a barrel on the back…
Jack Rasmus continues analysis of China’s unwinding stock bubble and explains how it is connected to China currency devaluation, slowing real economy, and currency speculators…
"You see a big destruction in the income of the oil and commodity producers," exclaims on analyst but, as Bloomberg notes, while oil prices flashing…
Prior to the 2008 financial crisis, the Federal Reserve had an important role - to solely act as a "lender of last resort" to traditional…