Truthout
Federal Reserve
Deconstructing Fed Vice Chair’s Grim Economic Forecast
PERI Co-Director Gerald Epstein discusses how Fed Vice Chair Stanley Fischer has ignored real solutions to improve the economy, like increasing wages.
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Inflation Hawks: The Job Killers at the Fed
Many in the financial industry couldn't care less about unemployment. They don't want to risk any inflation that could erode the value of their wealth.
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Dean Baker | Cheap Talk at the Fed
By calling attention to the over-valuation of social media and biotech companies, and junk bonds, Fed Chair Janet Yellen is putting the financial professionals on notice.
Political Economist Answers: What’s So Dangerous About Austerity?
Austerity policies are dangerous because they don't achieve their purported goals and harm those with the least political power, political economist and author Mark Blyth tells Truthout.
Tapering of Quantitative Easing Is Throwing Emerging Markets Into Chaos – and Big Banks Are Getting Richer
Despite no real economic recovery, the Fed is winding down quantitative easing, throwing developing countries' economies into chaos.
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Jim Hightower: Geithner Gets a Perch on Wall Street
The former Treasury Secretary is proof the Washington-to-Wall-Street revolving door serves the interests of bankers, not the public.
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Barry Knight Is Fed Up With the Fed; He Thinks You Should Be, Too
Historically, there has been plenty of opposition to a central bank, but today, Knight believes the public is operating under a benign misperception.
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One Hundred Years Is Enough: Time to Make the Fed a Public Utility
December 23rd, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed?
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Auditing the Fed Is a Terrible Idea
The Fed is there to manage money, not to make it. So what exactly would be audited?
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Why Can’t We Access the Fed’s Free Money?
For the central bank to satisfy its mandate to promote full employment and to become an institution that serves all the people, not just the 1 percent, the Fed …