This week's blog post - along with several others to follow - will examine how today's precarious market condition is the inevitable result of over twenty-five years of the Federal Reserve's price suppression efforts and active interference in the economy.
In a recent blog post I discuss in general terms the media's role in the financial crisis and its aftermath. In particular, I discuss the notion of how the media - whether consciously or unconsciously - in crisis after crisis "appears to do little more than parrot false narratives as part of an overarching agenda of more and bigger government." (1) This quote came from a discussion o
In this week's post, I am posting the Confederacy of Dunces biography of Charles Evans and some associated commentary. Evans is a PhD economist and was appointed president of the Federal Reserve Bank of Chicago in 2007. (1) Evans is currently a non-voting member of the Fed's open market committee, (FOMC), but will become a voting member in 2019. Now that the Fed has stopped cutting intere
People may wonder what the Flint Water Crisis has to do with 2008 Financial Crisis. When I introduced my analysis of the Flint Crisis I discussed one similarity with the financial crisis. In particular, both crises reveal how the political elite will "fashion any problem to suit their ends."
This week's blog post is a little different. In it I will introduce a new section to the website. You will now notice a tab entitled "Flint Crisis" at the top of each page. In this tab there is a complete analysis of the Flint Water Crisis. While not immediately obvious, the Flint Water Crisis shares several features with the financial crisis, two in particular;