The Fed’s Argument That It’s Not Directly Financing Government Debt Finally Fails – David...
The most interesting thing about what the Fed is now doing is that it is illegal. The Fed’s argument that it is not monetizing...
Systemic Risks Abound – Charles Hugh Smith (06/02/2021)
If you wanted to design a system guaranteed to collapse in a putrid heap, you'd make moral hazard ubiquitous and you'd make the system...
The Federal Reserve’s Ballooning—and Risky—Balance Sheet – Bill Bergman (06/02/2021)
The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4...
Strong Demand, Labor and Materials Shortages, and Rising Input Prices Continued for Manufacturing Sector...
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index rose to 61.2 in May, a rise of 0.5 points over the 60.7 percent result...
Ending food insecurity in Native communities means restoring land rights, handing back control –...
Valarie Blue Bird Jernigan, Oklahoma State University For Indigenous people in the U.S., food is considered a sacred gift. Healthy and bountiful produce is received...
An Online Lender Gave Hundreds of PPP Loans to Fake Farms. Now Congress Is...
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. A House...
