Michael Snyder: Deep Economic Suffering Has Erupted All Over America, but Guess Who the Federal Reserve Is Helping?
"...the Fed is coming up with lots of new ways to give handouts to the very wealthy."
"...the Fed is coming up with lots of new ways to give handouts to the very wealthy."
"Fade rallies, and reduce risk accordingly."
"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency."
Kiley: "If the U.S. economy entered a recession soon and interest rates fell in line with levels seen during the moderate recessions of 1990 and 2001, yields on even longer-dated Treasury securities could fall to or below zero."
"If lawmakers changed current laws to maintain certain major policies now in place [...] then debt held by the public would increase even more, reaching 219 percent of GDP by 2049."