Many of those on the right distrust the Fed and want to eliminate its power in the belief that the private economy, including the private banks, will be much more efficient, productive and even democratic if they are left to themselves: in other words, the criticism of the Fed really reflects a desire to cripple the government in the service of increasing the power and authority of the market.
What does remembering ourselves mean? It essentially means coming back to life- re-membering. - Gerald Epstein
What does remembering ourselves mean? It essentially means coming back to life- re-membering.
- Gerald Epstein
Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interes… - Gerald Epstein
Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interes…
QE and other aspects of Fed policy increased inequality pretty significantly. This is reinforced if you take into account all the other non-standard … - Gerald Epstein
QE and other aspects of Fed policy increased inequality pretty significantly. This is reinforced if you take into account all the other non-standard …
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the f… - Gerald Epstein
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the f…
The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop … - Gerald Epstein
The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop …
Raising interest rates might lead to some initial reductions in wealth by lowering asset prices, but it could also take a bite out of your paycheck a… - Gerald Epstein
Raising interest rates might lead to some initial reductions in wealth by lowering asset prices, but it could also take a bite out of your paycheck a…
The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the … - Gerald Epstein
The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the …
People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility becaus… - Gerald Epstein
People in America get really angry at the Federal Reserve and at the "money system" in general during economic crises. The Fed draws hostility becaus…
Increases in interest rates normally worsen inequality, at least partly by reducing employment and wage growth. - Gerald Epstein
Increases in interest rates normally worsen inequality, at least partly by reducing employment and wage growth.
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