PODCAST: Why This Recession is Different

Panics, Politics, & Power: America's 3 Experiments With Central Banks Authored by Andrew Moran via The Epoch Times, The Federal Reserve, established more than a century ago, is the United States’ third experiment with central banking. For much of its existence, the institution maintained a low public profile. Only after the 2008 global financial crisis did the Fed begin communicating more openly, introducing post-meeting press conferences and allowing monetary policymakers to engage more frequently with the media. Greater transparency, however, has brought greater scrutiny. Public sentiment toward the Fed and its leadership has fluctuated over...

It is not a glitch (that nothing gets resolved). It’s a feature. For it opens rather, a path for “Business” to be done – for “stakeholder” deals to be cut, and for billions to be shared out in payoffs. This is Trump’s geo-political transactional model: Business displaces traditional negotiation (at least while the money flows); […]