Tag Archives: treasuries
Blowups and an Epic Mega-Catastrophe are Coming
The Federal Reserve has an extreme and heavy handed influence over credit markets. But it’s not master of it. The fact is, Fed credit market intervention plays second fiddle to the overall rise and fall of the interest rate cycle. Continue reading
The Great Donkification
The U.S. national debt has now eclipsed $28 trillion. The budget deficit for the 2021 fiscal year will likely run up to nearly $3 trillion – possibly more. Hence, it will be financed with printing press money…that is credit created from thin air by the Federal Reserve and loaned to the Treasury. Continue reading
The Dollar Is Dying
This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note. We don’t know how long the Fed’s had this note posted to its website. But we can’t recall ever seeing it. Continue reading
Writing on the Wall
One of the more disagreeable discrepancies of American life in the 21st century is the world according to Washington’s economic bureaus and the world as it actually is. In short, things don’t add up. What’s more, the propaganda’s so far off the mark it’s downright insulting. Continue reading
