Millions of Americans have lost their job during the pandemic, and many won’t get it back. Thanks to Fed intervention, the rich are getting richer. Tightening lending standards and rising prices are making life harder for low-income Americans. For many Americans, the Fed has made their life worse since the start of the pandemic. How…

The Fed will move to buy corporate bonds and bond ETFs this month. No one nominated AOC Fed chair, but the central bank is acting like she’s at the helm. The relentless money pump is going to create another asset bubble. Has anyone ever seen Fed Chair Jerome Powell and Rep. Alexandria Ocasio-Cortez in the…

Fed speakers are doing their best to raise easing expectation as much as they possible can. FOMC member Rosengren has even suggested that the U.S. central bank could start buying stocks, a violation of its mandate. With another rate cut almost priced in for the upcoming March meeting, Jerome Powell’s sudden ultra-dovishness seems suspicious. The…