An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Federal Reserve
Silicon Valley Bank: ultimately a Fed victim?
Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.
By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest […]
The post What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk appeared first on scheerpost.com.
Inflation is still very much with us....as if you didn't know that.
More debate about the role of energy price increases in consumer inflation.
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
The Fed is playing killer of the current inflation even though it isn't set up to do so. That's hurting a lot of innocent bystanders.
Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.
The fact that the Bureau of Labor Statistics surveys only urban populations for the consumer price index could be masking a rural-urban inflation gap.