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Saturday, October 31, 2020
china-cuts-reserve-ratio-by-50bps-ahead-of-january’s-$400-billion-“liquidity-hole”

China Cuts Reserve Ratio By 50bps Ahead Of January’s $400 Billion “Liquidity Hole”

Just three days after China quietly cut rates by 20bps when it ordered banks to switch from the traditional Benchmark 1 year rate to the new Loan Prime Rate (aka China's LIBOR) as the reference rate for new short-term loans, effectively lowering the prevailing rate from 4.35% to 4.15% (in the process further pressuring bank…
has-the-federal-reserve-gone-‘woke’?

Has The Federal Reserve Gone ‘Woke’?

Authored by Andrew Moran via LibertyNation.com, So much for the Federal Reserve being an independent institution free of politics. Wait. That’s what it is, right? That’s what the occupants inside the Eccles Building, the Fourth Estate propagandists, and central banking champions regurgitate to the public. We have been led to believe the myth that the creature from…
fed-benefits-from-weak-economy-–-expert

Fed Benefits From Weak Economy – Expert

In his most recent podcast, Peter Schiff said something that seems rather perplexing on the surface. He said that the current stock market rally isn’t being driven by a strong economy. It’s actually being driven by a weak economy.How can this be?Well, the underlying economic weakness is what keeps the Federal Reserve in play and…
federal-reserve:-enemy-of-liberty-and-prosperity?

Federal Reserve: Enemy Of Liberty And Prosperity?

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Lost in the media’s obsession with the impeachment circus last week was Federal Reserve Chairman Jerome Powell’s testimony on the state of the economy before the Joint Economic Committee. In his testimony, Chairman Powell warned that when the next recession inevitably occurs,…
the-federal-reserve-is-a-barbarous-relic

The Federal Reserve Is A Barbarous Relic

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, The Sky is Falling “We believe monetary policy is in a good place.” – Federal Reserve Chairman Jerome Powell, October 30, 2019. The man from the good place. “As I was going up the stair, I met a man who wasn’t there. He wasn’t there again…
the-federal-reserve-might-as-well-use-carrier-pigeons

The Federal Reserve Might As Well Use Carrier Pigeons

Authored by Simon Black via SovereignMan.com, In the early 1760s, Mayer Rothschild began building a banking dynasty that would last for centuries. The elder Rothschild sent his five sons across Europe to establish banks in cities like Paris and London. One son, Nathan Rothschild, took the lead and expanded the family’s banking dynasty. With siblings…
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