Trump Takes on the Fed

trumpEllen Brown – The president has criticized Federal Reserve policy for undermining his attempts to build the economy. To best make the central bank serve the needs of the economy, it needs to be transformed into a public utility.

For nearly half a century, presidents have refrained from criticizing the “independent” Federal Reserve; but that was before Donald Trump. In response to a question about Fed interest rate policy in a CNBC interview on July 19, 2018, he shocked commentators by stating, “I’m not thrilled. Because we go up and every time you go up they want to raise rates again. . . . I am not happy about it. . . . I don’t like all of this work that we’re putting into the economy and then I see rates going up.” He acknowledged the central bank’s independence, but the point was made: the Fed was hurting the economy with its “Quantitative Tightening” policies and needed to watch its step.

In commentary on CNBC.com, Richard Bove contended that the president was positioning himself to take control of the Federal Reserve. Bove said Trump will do it “both because he can and because his broader policies argue that he should do so. . . . By raising interest rates and stopping the growth in the money supply [the Fed] stands in the way of further growth in the American economy.” Continue reading “Trump Takes on the Fed”

Fed Flunked Deutsche Bank On Recent Stress Test [Video]

kirbyGreg Hunter – Macroeconomic analyst Rob Kirby says there is a lot you are not seeing with all the bad news coming from Deutsche Bank (DB). You’ve seen DB stock hit all-time lows, the Fed downgrading them and flunking the bank on a recent stress test.

Rob Kirby says it’s much worse than you think and explains, “Basically, it is the German regulator telling DB you are going to get out of this pool, then the Americans realizing how hostile the Germans have become to the criminal activity of the U.S. monetary complex. They basically said you are getting out of our pool?  Well, we’re going to waterboard you first, and we’re going to bring public shame upon you.”

Is Kirby worried about DB going under? Kirby says, “I think Deutsche Bank could go under. It might very well deserve to go under, but will they be permitted to go under? In my view, there is no doubt what-so-ever that Morgan Stanley was insolvent in the 2008 and 2009 time frame. Their stock was at $5, and it looked like it was going to $0. They pulled out the stops and papered over the shortcomings at Morgan Stanley.” Kirby thinks European central bankers will do the same for DB.

Continue reading “Fed Flunked Deutsche Bank On Recent Stress Test [Video]”

Banking System Has Huge Problem [Video]

wigingtonGreg Hunter – Money manager Peter Schiff says even though Deutsche Bank is the most systemically dangerous bank in the world (according to the IMF), that is just the tip of severe global financial problems. Schiff explains, “I think it’s a problem, and it’s not just Deutsche Bank. Deutsche Bank could be the weak link of a chain. If you remember back to when we had the financial crisis (2008).

First, you had the sub-prime mortgages blowing up, and everybody was like don’t worry about it. It’s contained. I said it’s not contained, it’s just showing up first in the sub-prime market because these are the weakest mortgages. The entire mortgage market has a problem. 

Continue reading “Banking System Has Huge Problem [Video]”

All The Queen’s Agents And Corporations That Control The World

british crownAmerican Intelligence Media – We may not realize it, but we are still subjects of the British Monarchy. American history books and classes indoctrinated (propaganda) us into believing we had won the American Revolution. But we didn’t. We are still subjects of Queen Elizabeth.

The history books were written by the victors and their big publishing houses. And it was much easier to control the new colonies by letting them think they had won their independence, while the British Crown carefully laid their tentacles throughout America, tentacles that grew longer and stronger with every passing year.

We aren’t the America we think we are. That’s the big red pill. Most of us on planet Earth are still under the Queen’s rule. Continue reading “All The Queen’s Agents And Corporations That Control The World”

Lemonade Stand Economics

federal reserveGary Christenson – “Dad, I’m excited and ready for business. Mom made me sign an IOU when she gave me sugar and frozen lemonade so I have stuff to sell.” Timmy looked up at his father and smiled in anticipation.

“Great job! This’ll be a learning experience. Here comes your first customer.” James, his father, wanted to be helpful, but expected Timmy to interact with customers.

A retired gentleman pushed his walker toward the lemonade stand and said, “Hi little fellow, I want a cup of that lemonade.”

Timmy poured lemonade into a twelve ounce plastic cup and handed it to his first customer. “That will be one dollar.”

The man handed Timmy a dollar bill, sipped his drink and shuffled away.

James said, “That was easy.”

Timmy examined the dollar bill and said, “It’s paper and says one dollar, but what is it worth?” Continue reading “Lemonade Stand Economics”