This article discusses the recent Federal Reserve-backed takeover of investment bank Bear Stearns by its competitor JPMorgan Chase, emphasizing the changing role of US monetary policy in the market.
This article discusses the Federal Reserve’s recent third interest rate cut and its likelyhood to stem a future recession.
The Federal Reserve is increasing the money supply faster than anytime in the nation’s history, more than the period between 1789 and 1987. Last year alone the U.S. added well over 1 trillion dollars to the existing deficit in the form of government bailouts and so forth. One of the biggest benefactors of the bailouts was AIG claiming 3 separate bailouts spanning a 7 month period for over 150 billion dollars. With the added 787 billion dollar stimulus package and the recent announcement of the F
Buy the Federal Reserve? Unthinkable yesterday! But today….it would be a great solution to our failing economy!
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