Federal Reserve

With Heroes Like This, Who Needs Villains?

According to Owen Ullmann in an op-ed published by USA Today, there are some unsung “heroes” in the battle against the coronavirus pandemic – the brave and courageous bankers at the Federal Reserve. I think Ulmann misspelled “villains.” Ulmann writes that the Fed “has taken extraordinary steps to prevent the global economy from crashing into …

With Heroes Like This, Who Needs Villains? Read More »

It’s Going to Be a Rush to Gold; The Dollar Is Cooked

On Wednesday, Congress finally agreed on a government stimulus/bailout plan to battle the economic impacts of coronavirus to the tune of over $2 trillion. Meanwhile, the Federal Reserve has committed to monetize the debt with QE to infinity. Practically speaking, we’re talking about trillions of dollars being injected into the US economy – all of …

It’s Going to Be a Rush to Gold; The Dollar Is Cooked Read More »

The Central Bank Playbook Is Played Out

The Federal Reserve launched QE infinity this week. The Fed has committed to buy an “unlimited” amount of US Treasuries and mortgage-backed securities. But that’s not all. The central bank also announced it will buy some corporate bonds for the first time ever. In effect, this is money-printing on a massive scale. And of course, …

The Central Bank Playbook Is Played Out Read More »

Peter Schiff: This Is Where the Problem Really Starts

The Federal Reserve has launched QE infinity. As Peter Schiff put it, the Fed has gone all-in on quantitative easing. So, what does this mean? What are the ramifications of all this debt monetization and money printing? In his podcast, Peter said this is where the problems really start. The US stock markets got a …

Peter Schiff: This Is Where the Problem Really Starts Read More »

Peter Schiff: Hyperinflation Is the Most Probable Scenario

March 23 was Peter Schiff’s birthday. It was also the day the Federal Reserve announced QE Infinity. So, Peter spent over three hours hosting a live videocast talking about the latest Fed moves, the potential impact on the economy and answering questions from viewers. Peter said he was hoping to combat the rampant economic ignorance …

Peter Schiff: Hyperinflation Is the Most Probable Scenario Read More »