The Fed’s Baffling Response to the Coronavirus Explained

Ellen Brown / Truthdig Mar 9, 2020 Because our banks aren't nationalized, its inability to work with Congress has resulted in another botched attempt at crisis management. Dig deeper ( 7 Min. Read )

The Fed Protects Gamblers at the Expense of the Economy

Ellen Brown / Truthdig Jan 8, 2020 Its forced choice to bankroll hedge funds and other speculative ventures in repo market comes at a price to the middle class. Dig deeper ( 7 Min. Read )

Stocks Close Out Best Year Since 2013; S&P 500 Soars 28.9%

ALEX VEIGA / The Associated Press Dec 31, 2019 The three major indexes set more record highs than in 2018 and kept the longest bull market for stocks going. Dig deeper ( 4 Min. Read )

Paul Volcker’s Long Shadow

Ellen Brown / Truthdig Dec 11, 2019 The former Fed chairman’s obituaries leave out how his policies devastated lives in the 1980s and underwrote the 2008 financial crisis. Dig deeper ( 8 Min. Read )

The Banking Model That’s Bankrupting Americans

Ellen Brown / Truthdig Jun 3, 2019 The U.S. government is unnecessarily feeding the “financialized” economy in which money makes money without producing new goods and services. Dig deeper ( 7 Min. Read )

The Fed’s Dramatic About-Face

Ellen Brown / Truthdig Feb 20, 2019 The Federal Reserve needs to keep pumping new money into the banking system, so why not inject cash directly into Americans' bank accounts? Dig deeper ( 6 Min. Read )

The Venezuela Myth Keeping Us From Transforming Our Economy

Ellen Brown / Truthdig Feb 7, 2019 U.S. critics of Modern Monetary Theory who point to Venezuela’s hyperinflation are missing the big difference between the two countries. Dig deeper ( 7 Min. Read )

Stocks Skid to 15-Month Low After Fed Raises Rates Again

MARLEY JAY / The Associated Press Dec 19, 2018 The Dow had been 381 points up before the U.S. central bank's fourth increase on short-term rates this year. It ends the day at 351 down. Dig deeper ( 4 Min. Read )

5 Key Financial Misadventures of the Trump Era (So Far)

Nomi Prins / TomDispatch Aug 5, 2018 Here's a look at the president's travels on the paths of chaos, and at the economic damage that might lie ahead. Dig deeper ( 11 Min. Read )

The Fed Boosts Wall Street, Not Main Street

Nomi Prins / Truthdig May 1, 2018 Today's central bank collusion is nothing more than a massive “trickle down” subsidy for the financial system—and promises for the masses. Dig deeper ( 8 Min. Read )

Donald Trump and the Next Crash: Making the Fed an Instrument for Disaster

Nomi Prins / TomDispatch Apr 30, 2018 There’s a crucial institution in Washington that few in the media seem to be paying attention to, even as President Trump quietly makes it his own. Dig deeper ( 9 Min. Read )

Fox in the Henhouse: Why Interest Rates Are Rising

Ellen Brown / Truthdig Apr 20, 2018 The Fed's proffered justifications for aggressively increasing interest rates and adding to government debt levels don’t pass the smell test. Dig deeper ( 7 Min. Read )