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

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

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

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

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

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

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

Increases in interest rates normally worsen inequality, at least partly by reducing employment and wage growth.

- Gerald Epstein