Progressive Radio Network

Quantitative easing

The vast majority of Americans who expect to retire in the next decade can count on little income other than their Social Security. This is…
The Federal Reserve raised the interbank borrowing rate today by one quarter of one percent or 25 basis points. Readers are asking, “what does that…
This week shapes up as one which could go down in the history books! Markets last week were tumultuous from weak equities, illiquid credit markets,…
Jack Rasmus looks at yesterday’s decision by the European Central Bank to make token changes to its QE policies, Japan’s central bank rumors of more…
As European central banks employ negative interest rates (you pay the bank to keep your money) as well as all-digital currencies that give bankers virtually…
The Eurozone today is going into the same deflationary situation that the U.S. did under Jackson’s destruction of the Second Bank, and the post-Civil War…
Yet again, the long-suffering public is subjected to what passes for a leader during the crisis engaging in image-burnishing, in this case, Bernanke via an…
Our debt-based monetary system conceals a brutal fact: indebtedness to private sources for the acquisition of money is an unnecessary scourge on our economy and…
Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do…
Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having…
Be reasonable in response to the unreasonable: this is what voters in the Labour election are told. Accommodate, moderate, triangulate, for the alternative is to…
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity…