The Federal Open Markets Committee (FOMC) of America's central bank voted 9-1 in favour of maintaining its federal funds rate at a range of 0pc-0.25pc for the 13th meeting in a row, as it adopted a somewhat cautious stance on future growth. The central bank, chaired by Ben Be... Read more...
Can you really call it a conspiracy if its true? Read more...
The Wall Street reform bill headed for a test vote on the Senate floor Monday night will allow the Federal Reserve to continue to pump trillions of dollars into major banks largely in secrecy, the co-author of House language that would open the central bank to an audit charged in a memo to the Sen... Read more...
How much socialism, rounded to the nearest thousand, is suggested by this country’s new $100 bill? Today, Obama and pals Timothy Geithner and Ben Bernanke introduced a more colorful $100 bill that has two added security features, which include “a blue 3-D Security Ribbon on the front of the no... Read more...
Judging by Ben Bernanke’s recent abnormal behavior, we are quite confident the Fed forgot to add at least three zeroes to the latest version of the Benjamins. Here is how the government is spending money to recreate old money, just so it can print even more money. Read more...