Home / Federal Reserve

The Official Counterfeiter: A Cartoon Booklet For Congress

Written by Gary North on July 31, 2014

LockmanFED

Back in 1969, Vic Lockman published a cartoon booklet exposing the Federal Reserve System. Lockman was a cartoonist for Disney. He did not do the final cartoons. He wrote the story lines and provided accompanying cartoons. Then the in-house Disney cartoonists re-drew them. Lockman had been reading my essays on the Federal Reserve. He created […]

Continue reading →

Sandbagging the Dollar

Written by Robert Murphy on July 25, 2014

U.S. Dollar

The problem with the USD being the world’s reserve currency is that it’s a situation where things could unravel very suddenly. So long as most investors think that the dollar will be OK next week, then it will be a self-fulfilling prophecy. But if people start to worry, then there could be a sudden crash […]

Continue reading →

New FED Chair => Recession

Written by Robert Murphy on July 18, 2014

Recession

As I make clear in my recent interview with Tom Woods, I think that Bernanke painted himself (and the US economy) into a corner, then handed the paintbrush over to Janet Yellen. In case I sound “paranoid,” let’s review our history: ==> Paul Volcker took over as Chair of the Fed in August 1979. A […]

Continue reading →

Fed Announces (Tentative) End to Bond Purchases in October

Written by Robert Murphy on July 11, 2014

800px-Janet_Yellen_official_portrait

The recently released Fed minutes contain the following information on their plans to fully complete the so-called taper: [P]articipants generally agreed that if incoming information continued to support its expectation of improvement in labor market conditions and a return of inflation toward its longer-run objective, it would be appropriate to complete asset purchases with a […]

Continue reading →

My Translation of Yellen’s Speech on Bank Regulation

Written by Gary North on July 8, 2014

800px-Janet_Yellen_official_portrait

Janet Yellen gave a speech on July 2. It of course received considerable attention in the financial media. Over the years, I have dutifully provided translations of speeches by the chairmen of the Board of Governors of the Federal Reserve System — that tiny part of the FED that is technically part of the U.S. […]

Continue reading →

Video: How the Federal Reserve System Loots Us

Written by Gary North on July 5, 2014

federal-reserve-system

So, you want to understand how the Federal Reserve works? Here is the best video on the topic. It was produced by the Mises Institute. It covers central banking’s history. Unlike other videos on the Federal Reserve, it does not recommend that money creation be turned over to Congress, which will then produce “safe, reliable” […]

Continue reading →

Trump’s Warning on Federal Debt

Written by Gary North on July 3, 2014

donald-trump

Donald Trump recently sounded a warning on the growth of the U.S. Government’s debt. He thinks that the USA is headed toward the condition of Greece and Spain. My view: that will take time. Greece and Spain are nations where trade unions are dominant. This is not true in the USA. The unions have at […]

Continue reading →

In 2013, Germany Asked for Its Stored Gold. HaHaHaHaHa.

Written by Gary North on June 26, 2014

Gold Vault

In January 2013, the German central bank asked for half of its gold back. It was being stored by the Federal Reserve Bank of New York on behalf of the German government. The Federal Reserve said: “Sure.  In seven years, maybe.” This week, the German government said: “We were only kidding. We don’t want our […]

Continue reading →
Page 1 of 25123456»1020...Last »