Bob Prechter’s Conquer The Crash reveals whether the Fed really can rescue the US economy By Elliott Wave International Since its creation in 1913, the primary intended role of the U.S. Federal…
Tag: The Federal Reserve
Bernanke’s Monetary Policy Is Doomed!
Last week Ben Bernanke wrote an article for The Washington Post to justify the Fed’s decision of another round of quantitative easing. Here’s his core argument: “Easier financial conditions will promote economic…
Why the Fed Likes Independence
Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant…
Will Banks Rescue FDIC?
By Robert J. Samuelson NewsWeek It seemed like a classic “man bites dog” story. America’s banks, having been repeatedly rescued by the government in the past 18 months, were about to turn…
Federal Reserve Admits Hiding Gold Swap Arrangements
Press Release Source: Gold Anti-Trust Action Committee Inc. On Wednesday September 23, 2009, 9:30 am EDT MANCHESTER, Conn.–(BUSINESS WIRE)–The Federal Reserve System has disclosed to the Gold Anti-Trust Action Committee Inc. that…