Tag
FED
2021
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Fed speaks of unprecedented inflation phenomenon
The surge in inflation associated with the reopening of the US economy has evidently caught the Fed off guard. Fed Chair Jerome Powell admitted that this historically "unique" inflation was higher than expected.
2018
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A crash will come, but not as planned
It has long been five minutes to midnight, and now the Fed is preparing to deliver the death blow. Trump has recognised the signals and sharply criticised the incomprehensible interest rate rise.
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The multi-paradigm shift becomes visible, part VII: Book money creation and its consequences
In the last newsletter, after a short introduction to bookkeeping and the structure of a balance sheet, we looked at "credit money creation out of thin air". Part VII shows what consequences this book money creation has.
