All Articles on Federal Reserve

News
Avoiding 'Regressive Mistake,' Fed Holds Off on Rate Hike — For Now
'A higher interest rate means that fewer jobs will be created, and that the wages of workers at the bottom will remain too low to live on.'
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If the Fed Raises the Interest Rate, I’m One of the Americans Who Will Lose
When I worked my way through college with a job at Chipotle, I often worked a so-called "clopen shift." I was closing the store I managed at 2 a.m. and returning to open the restaurant at 6 a.m. The work schedule didn't leave much time for sleep, let alone schoolwork. But with graduation around the...
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News
Fed Up With Being Shut Out of Federal Reserve, Activists Descend on Summit
"For the past 45 years the Federal Reserve has set policy that privileges the voices and needs of corporate elites rather than those of America's working families."
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In Troubled Times, the Federal Reserve Must Work for Everyone
It’s been a chaotic few days for the world’s markets. Recent events do not paint the picture of a stable economy guided by rational minds. Instead, the world of global finance looks more like a playground in need of adult supervision. Like other nations, we have a central bank. What should the...
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Trumping the Federal Debt without Playing the Default Card
“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the Press , August 2011 In a post on “Sovereign Man” dated August 14 th , Simon Black argued that Donald Trump may be the...
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Views
Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend. Senator Elizabeth...
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News
Just in Time for the Holidays, Another Wall Street Giveaway
Critics worry that extension to implement Volcker Rule is not about giving big banks more time to comply. It's about giving them more time to kill it off entirely.
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Alan Greenspan, former chairman of the Board of Governors of the Federal Reserve System Views
Where's The Justice?
Damn me for a liberal, but I'd rather get my economic crashes the old-fashioned way, by surprise, not see them produced artificially by a bureaucrat.
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