- Federal Reserve "...enhancing its liquidity facilities this week." aka creating money as fast as possible. Uh oh! http://www.ustreas.gov/press/releases/hp1144.htm 141 comments business
- Debt-based credit created by the Federal Reserve, often called “fiat money,” is not money at all. http://www.wakeupfromyourslumber.com/node/4799 3 comments politics
- As Elizabeth Warren’s devastating Congressional report reveals, the Federal Reserve used taxpayer money to bail out AIG, instead of forcing the major banks to clean up the mess they helped create. http://www.thenation.com/print/article/153929/aig-bailout-scandal 3 comments politics
- As Elizabeth Warren’s devastating Congressional report reveals, the Federal Reserve used taxpayer money to bail out AIG, instead of forcing the major banks to clean up the mess they helped create. http://www.thenation.com/article/153929/aig-bailout-scandal 6 comments business
- The video, "Money As Debt" is not entertainment--far from it--but it covers essential issues which affect our economic, political and social well-being. Learn about the Federal Reserve and the power to create money out of thin air. Essential viewing for those concerned with liberty. http://www.populistamerica.com/money_as_debt 10 comments politics
- US financial sector has created a dual justice system - "U.S. a failed state, Kenneth Rogoff says our tax systems are “Byzantine labyrinths funneling money to powerful interests”, and experts from the IMF and the Federal Reserve say the U.S. has become a third world banana republic." http://www.ritholtz.com/blog/2011/04/america-is-a-failed-state-with-a-dual-justice-system/ 52 comments politics
- It sounds like the Federal Reserve is about to create a lot more money out of thin air. The idea would be to help the economy by driving down interest rates for businesses and ordinary people, encouraging everyone to borrow and spend more money. http://www.npr.org/blogs/money/2010/10/06/130378151/the-fed-warms-up-the-printing-press?sc=nl&cc=pmb-20101007 5 comments economy
- IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs, funding dividends or even paying a stiff federal penalty tax for hoarding corporate cash. http://blogs.reuters.com/david-cay-johnston/2012/07/16/idle-corporate-cash-piles-up/ 16 comments economy
- In 2016, the Federal Reserve will pay at least $12.2 billion to U.S. and foreign banks to keep the money created via its quantitative easing programs out of the economy. If the Fed raises rates as expected next year, the amount nearly doubles to $23.1 billion. http://finance.yahoo.com/news/federal-reserve-will-pay-banks--12-billion-in-2016-165253054.html 5 comments politics
- Rep. Kucinich Wants Constitutional Money -- the National Emergency Employment Defense Act (NEED), H.R. 2990, would remove the power of creating money from the privately owned and controlled Federal Reserve System & restore Congress to constitutionally create money interest-free http://americanfreepress.net/?p=800 3 comments economy
- Rep. Kucinich Wants Constitutional Money -- the National Emergency Employment Defense Act (NEED), H.R. 2990, would remove the power of creating money from the privately owned and controlled Federal Reserve System & restore Congress to constitutionally create money interest-free http://americanfreepress.net/?p=800 151 comments politics