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    central bank

    Thanks to U.S. Federal Reserve policies that are holding market rates down near zero, you're barely getting one one-hundredth of a percentage point on your cash deposits.

    It's bad enough that you're getting practically no yield on your savings. But now the big banks - those greedy fellows that we taxpayers bailed out from a crisis they actually caused - are about to start charging you to deposit money with them. All thanks to policies enforced by the central bankers.

    Welcome to the brave new world of central bank tyranny...

The Fed

Understanding Gold's Massive Impact on Fed Maneuvering

gold

Just about everyone knows Alan Greenspan. As central bankers go, he may just be the most famous ever. Even today, 1 in 6 Americans still think he's the current chair of the Federal Reserve.

As Fed chief from 1987 until 2006, Greenspan oversaw the latter part of the greatest stock bull market in history.

For that, some called him "The Maestro."

From other quarters, the names are far less flattering. Many blame him for inflating massive stock and real estate bubbles, resulting in financial devastation across the economy.

Well, these days Greenspan is acting rather schizophrenic. In fact, you won't believe what he's saying now, unless you understand where he's coming from.

Given the havoc its wreaking on market stability (while ostensibly doing the opposite), it's absolutely critical to look back at Greenspan's handiwork to try to make sense of today's Federal Reserve maneuvering...

Here's What the Secret Goldman Sachs Tapes Really Mean (NYSE: GS)

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"The Secret Recordings of Carmen Segarra" was broadcast on NPR's "This American Life" on Sept. 26. Carmen Segarra, a former Fed examiner in the bowels of Goldman Sachs Group Inc. (NYSE: GS), secretly recorded some of the goings-on there.

And what was revealed in those tapes speaks a lot to who's really running the show there - the Fed or the big banks.

We’re all screwed. Here’s why…

The Truth Behind the Dangerous "Helicopter Money" Delusion

helicopter money

Seeking out major trends and power shifts in the global economy is a part of my work that I enjoy most.

It's a lot of work, and needless to say, it involves constant research.

That's why a piece I recently read in Foreign Affairs absolutely shocked me...

The piece is a bit revolutionary, as its authors speak to a drastically different way of stimulating an ailing economy than the path we're on today.

Full story...

Stock Market Futures Down on Underwhelming AAPL Presentation and Interest Rate Fears

stock market futures

Stock market today, Sept. 10, 2014: Stock market futures were down this morning after markets took a nosedive in the final hour of trading yesterday (Tuesday). The slide followed a broad selloff of tech giant Apple Inc. (Nasdaq: AAPL) and investors heightened cautions over a possible interest rate increase by the Federal Reserve sooner rather than later.

Here’s what you should know to make your Wednesday profitable:

How the Federal Reserve Is Killing America

Federal Reserve

It's maddening. Our economy is stagnating. The divide between haves and have-nots is widening every day. There are fewer and fewer good jobs and careers to be had. What the heck happened?

The U.S. Federal Reserve System is killing America. It has destroyed the economy. It has undermined savers and retirees. It is even responsible for the corruption in Congress.

We have to kill the Fed before it kills America for good.

Feds Finally Put Their Scopes on the “Too Big to Jail”

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Late last month, depending on how you look at it, either something wonderful happened - or the feds continued their cowardly, conniving ways.

A group of federal prosecutors met in Washington and in New York with various financial regulators to discuss filing criminal charges against and coercing guilty pleas out of two giant banks. This looks to be a historic occurrence.

But two things say we shouldn’t pop open the champagne just yet...

Janet Yellen's Speech on Monetary Policy: Three Big Questions Answered

Janet Yellen

Janet Yellen gave her first speech on monetary policy today (Wednesday) since assuming her position as chair of the U.S. Federal Reserve on Feb. 3, 2014.

While cautioning that the economy still needs the central bank's support, Yellen stated that the nation's economic recovery will be nearing completion within two years.

Get the full text of Janet Yellen's speech here.

Today's FOMC Meeting: Data-Dependent and Dovish

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The end of today's Federal Open Market Committee (FOMC) meeting included fresh dovish language in its policy statement - but the market-friendly attitude failed to excite investors who were hoping for more.

As widely expected, the U.S. Federal Reserve announced it will stay the course on its bond tapering. Anticipated - but not as expected - the policy statement shed some light on eventual interest rate hikes.

To continue reading, please click here...

Janet Yellen Testimony: Key Takeaways as Fed Stays the Course

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What stands out most from the Janet Yellen testimony Thursday to the Senate Banking Committee is that her remarks mirrored comments made on Feb. 11 in her first monetary policy testimony to a House panel.

Speaking on Capitol Hill about the Semiannual Monetary Report, Yellen repeated that the central bank is likely to maintain its approach of progressively trimming asset purchases. The taper will continue even as policy makers monitor data to determine if the recent spate of soft economy data is temporary or something more serious.

To continue reading, please click here...

The Five Most Ridiculous Revelations from the Fed Hearings

Glum Bernanke

On Friday, the U.S. Federal Reserve released the transcripts from its vital meetings over the state of the U.S. economy from 2007 through 2009.

The transcripts provide a staggering glimpse into the world of a central bank in crisis, or at least the inability for all parties concerned to grasp the problems at hand.

Here are the five most ridiculous takeaways from the Fed Reports.

To continue reading, please click here...

Janet Yellen Testimony to Congress

U.S. Federal Reserve Chair Janet Yellen delivered the semiannual Monetary Policy Report Tuesday morning before the House of Representatives. This was Yellen's first public address since assuming the role as head of the U.S. central bank after predecessor Ben Bernanke on Feb. 3, 2014.

Yellen, who until last week served as vice chair of the Fed, testified on the health of the U.S. economy, her commitment to the central bank's ongoing stimulus efforts, and regulatory needs for the financial system.

The full text of Yellen's remarks follows.

To continue reading, please click here...

This Has Been Making Investors Rich for 140 Years

People are viewing the end of stimulus as a sunset. "My, what a wonderful day we've had," they say.

What they should be doing is investing for tomorrow's dawn - the turmoil we're seeing now as part of Yellen's arrival is actually par for the course.

It's also a great time to lock your sights on four companies that will lead the way when the smoke clears... Full Story

This Chart Will Save You from a Dangerously Popular Delusion

There's a very dangerous meme making the rounds.

It goes something like this:

The economy is improving, therefore the Fed's going to taper... and, when it does, the economy is strong enough to endure the withdrawals that will come with it.

Don't fall for it.

Nothing could be farther from the truth. Any amount of stimulus reduction will indeed trigger a "taper tantrum."

This chart is all the proof we need...

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