The Fed’s current interest rate increases are to tamp down the possibly very dangerous effects of fiscal recklessness during a time of a booming U.S. economy.
Financial engineering has paid much better dividends for corporations than actual engineering. For the health especially of the U.S. economy, this needs to be reversed.
As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.
Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.
From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.
Trump might seem pro-business, but he could do great harm to U.S. corporations and their worldwide interests.
Donald Trump and Wall Street are both at big-time bubble stage. When they come crashing down, that could deal a severe blow to the entire world.
Sanders and Trump(!) defending the interests of the U.S. middle class is a long overdue exercise in democracy.
How do we get a U.S. Fed that works for Main Street, not Wall Street?