The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August. I have published on two other ...
more The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August. I have published on two other prominent financial websites, Seekingalpha.com (as Gary A) and at Businessinsider.com. I muckrake the banking system and found premeditated causes for the housing bubble and subsequent meltdown. I am married with 4 grown children.
Specialties: Impacts of politics on the economy, interpreting economists, writing about the negative impact of some aspects of globalization and pros and cons of the new normal. I don't like tariff wars. Email bgamall at gmail
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USD/JPY Breaking Ichimoku? Forex Trading Strategies
So, this is why the Fed in the US wants to raise rates, to protect Japan!
Does Neo-Fisherian Economics Cause Fed To Bark Up The Wrong Tree?
Correction, the Fed does not want to charge interest on reservers.
Brexit Timeline
The EU is issuing a taxation ID card. I doubt if the Brits want that. And does anyone believe that the EU could control the Square Mile even if the Brits stayed in the Eurozone? The Square Mile is the center of world finance. Sorry Wall Street.
China Sends Yellen Another Warning, Fixes Yuan At Lowest In Over Five Years
China has to devalue.
The State Of The US Housing Bubble
Closed access cities have appreciated because of a shortage of housing and the good job markets. Non closed access cities are fairly stable in prices, however, they could see a drop, but not like the drop of the housing crash.
EU Passed Tax ID Numbers For Everyone
The Rothschild families will be unified.
What Killed The U.S. Consumer, In One Chart
Yep. www.heritage.org/.../assuring-affordable-health-care-for-all-americans and: www.wsj.com/.../SB10001424052970204618704576641190920152366 Now, it was originally formulated to be a catastrophic plan, but people would have to pay every day medical needs out of their own pockets.
Has Janet Yellen Lost All Credibility On The Market?
If there is no increase in the inflation rate, but there is an increase in the interest rate, does that negate neo fisherian expectations?
TIAA-CREF Warns That Negative Interest Rates Are Coming
But then, Robert, something else has to be done to counteract the loss of GDP. Helicopter money as Eric Lonergan explains it seems reasonable to me.
TIAA-CREF Warns That Negative Interest Rates Are Coming
I think the bankers want to fund some governments, the favored ones, by negative bond yields. Investors will be taxed with negative rates. The only problems I see is 1. when will it stop, or how low will rates go. and 2. how are insurance companies and pension plans ever going to work properly?