Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts
Saturday, June 4, 2011
Bernanke speaks, dollar falls.
Federal Reserve Chairman Ben Bernanke held a press conference today to discuss the dilemma of the US dollar. Will his coming clean do anything to save Americans from the economic slump as the dollar hits a three year low against other currencies? The Market Tickers Karl Denninger says Americans should not be quick to trust Bernanke, as the dollar is only further sacrificed to serve his best interests and not that of the public that is being hit hard by the state of the economy.
Thursday, November 4, 2010
Print & Pump: 'Fed's $500 billion boost to feed mega-banks'
The Federal Reserve is set to reveal its plans to pump 500 billion freshly-printed dollars into the economy. The move is designed to revive the weakened U.S. financial form and reduce unemployment. But economists warn the strategy will result in the drop of the dollar and a rise in consumer prices. For more insight, RT talks to economic researcher William F. Engdahl.
Subscribe to:
Posts (Atom)