Deceptive altruism

Yellen is pro labor which is altruistic and worker friendly but it’s perfect for Wall St because it encourages loans, investment banking and makes stocks roar! BABA is starting on an ideal day.

 

The Fed 100

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Happy Birthday, Federal Reserve

November 16, 2014 is The Fed’s 100th birthday — that’s when they opened their doors. Federal Reserve Banks – Frequently Asked Questions (FAQs)

  • https://www.richmondfed.org/faqs/frb/

    Federal Reserve Bank of Richmond

    Reserve Banks hold the cash reserves of depository institutions and make loans to them. They move …. onNovember 16, 1914. .The Federal Reserve Banks opened their doors for business .. 1997-2014 Federal Reserve Bank of Richmond.

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Inflation’s doormat:

Global central banks-especially Europe-are desperate to induce/produce//create inflation. Years ago it was a curse. Today, it is desired as a sign of strength. Modest inflation is applauded. Stock markets are rising in its anticipation.

 

The Fed 100

One thought on “Inflation’s doormat:

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Global Feds at odds?

As Europe’s economy deflates, a fresh round of quantitative easing is expected. Their inability to inflate their economies is worrisome. In the USA, pundits are looking for a rate hike as economic velocity increases. It’s a chasm that didn’t exist before.

http://tinyurl.com/khhcn7a    < —  read more here.

 

The Fed 100

One thought on “Global Feds at odds?

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One thought on “Too much aint enough

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The allure of rugged grandeur:

The DJIA is at an all time high and so is our National Debt. I cannot predict the former going higher but it’s easy to predict the latter getting bigger because increased debt is baked into the cake-it’s a huge prop under the paper money economy. But never underestimate The Fed’s abilty to generate another boom.

 

 

The Fed 100

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One thought on “Inflation’s invisible hand:

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