Power & Market
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The Fed Has Busted Housing Bubble 2.0
If the housing market is an indicator, the Fed's actions in slowing down the housing market soon will be reflected in the economy itself.
The Folly of Federal Reserve Stabilization Policy: Part I 1948-1985
The Federal Reserve Board is responsible for formulating macro stabilization policy.
The Fed Cannot Cut Rates as Fast as Markets Want
Market participants started the year with aggressive expectations of rapid and large rate cuts.
Current PCE Inflation: 4.1%
The Bureau of Economic Analysis released January figures for Personal Consumption Expenditures (PCE) today, including the price index based on that data.
GDP Growth Is Inflated by Massive Deficit Spending
Over the past year, economist Daniel Lacalle has repeatedly warned that the United States is in the midst of a “private sector recession” and that official GDP measures are being propped up by government spending.
After Two Years, Neocons Desperate For More War in Ukraine
Americans are waking up to the lies of the neocons.
The Heroic Julian Assange
Julian exposed what the U.S. empire seeks to airbrush out of history.
In the Aftermath of the $355 Million Ruling Against Trump, Business Owners Are Even Less Safe than Before
Willing buyer and willing seller. These five words form the very basis from which the system of capitalism is based on.
Inflation is Coming Down. Why aren’t Prices?
The Consumer Price Index numbers have recently come in with a slight decline to 3.1 percent YOY in January 2023.
