Truthout
Federal Reserve
Reading Between the Lines: A Memo From Fed Chairman Marriner Eccles
Stephanie Kelton revisits the writings of Marriner Eccles, who was tapped by FDR to head the Federal Reserve, a position he held until 1948.
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No More Second Chances for Larry Summers
William Grieder: If Obama chooses Larry Summers for Federal Reserve chairman, Wall Street wins again.
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The Crisis of Finance Capitalism and the Exhaustion of Neoliberalism
In the five years since the Global Financial Crisis, no policies have been developed to effectively ensure against another systemic failure of banking and insurance systems.
The Return of Larry Summers?
Dean Baker: In an ironic twist, the Clinton adviser who pushed to increase big banks might be up to run the Fed.
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“Pure” Capitalism Is Pure Fantasy
Call it “crony, gangster, casino” or “monopoly” capitalism, its supposedly objectionable features - big government, monopolies, the Federal Reserve, welfare, taxation and labor unions - are intrinsic to any …
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Quantitative Crisis: Bernanke’s “Stimulus” for the 1%
Mark Vorpahl analyzes Federal Reserve Chairman Ben Bernanke's suposed stimulus programs and who they really support.
If the Fed Knows Banks Are Too Big, Why Doesn’t It Make Them Smaller?
James Kwak challenges the
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Remaking the Federal Reserve, Building Public Banks and Opting Out of Wall Street
Can the Federal Reserve be remade into a transparent, democratic institution?
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The Impossible Dream: Stan Fischer, Fed Chairman
Should the governor of the Bank of Israel become the next chairman of the Fed?
The Financial Instrument That Could Save the Economy – and Why It Hasn’t
QE doesn't put more money in circulation; it cleans up the banks' toxic balance sheets.