the fed

Created
Mon, 13/03/2023 - 06:26

By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically […]

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Created
Thu, 02/03/2023 - 22:03

By Dean Baker / Beat the Press (CEPR) The January data on consumer expenditures released yesterday had a lot of people freaking out. The story is that the Fed is going have to get out the big guns to really shoot inflation down. For those of us hoping that inflation would come down, without a […]

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