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PREFACE: 
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.

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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

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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

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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.

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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; 

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