Congress

Podcast

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Richard Sylla: This Is An Inherently Dangerous Moment In History

Low interest rates are causing distortions & mis-allocations
Monday, August 7, 2017, 2:42 PM

"The rates we’ve had in recent years, including right now, are the lowest in history. The book that I co-authored on the history of interest rates traces back to the code of Hammurabi, Babylonian civilization, Greek and Roman civilization, the Middle Ages, the Renaissance, and early modern history right up to the present. And I can assure our listeners that the rates that they’re experiencing right now are the lowest in human history."

So says Richard Sylla, Professor Emeritus of Economics and the Former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University's Stern School of Business. He is also co-author of the book A History Of Interest Rates

We invited Professor Sylla onto the podcast after hearing his work favorably referenced by the panel convened at the recent hearing held by the US Congress titled: “The Federal Reserve’s Impact on Main Street, Retirees and Savings.”

Based on his deep study across the scope of millennia of human history, Sylla warns we are at a dangerous moment in time. » Read more

Podcast

Alex J. Pollock: Insights From The Recent Congressional Hearing On The Fed

Finally, some lawmakers are becoming concerned
Monday, July 24, 2017, 2:43 PM

On June 28th 2017, the United States Congress held a hearing titled: “The Federal Reserve’s Impact on Main Street, Retirees and Savings.” If you haven't watched it yet, we highly recommend doing so.

Joining us for today's podcast is Alex J. Pollock, one of the experts who participated on that Congressional panel. In this discussion, he details out his assessments of the Fed's major transgressions against the interests of the general public. But perhaps more interestingly, he shares his observations from the hearing and how it struck him that many of the members of Congress that convened it appear to be growing increasingly concerned about the Fed's lack of accountability, as well as its potential fallibility. » Read more

Insider

Etsy

Off The Cuff: Jackass Leadership

We'd be so much better off with so much less
Monday, May 23, 2016, 4:52 PM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • Implications Of The Recent Fed Minutes
    • Per usual, good for stocks/bad for gold
  • The Dying Middle Class
    • Sucked dry by central planning policy
  • The Dirty Trick Of Politics
    • Both parties are worth throwing out
  • Jackass Leadership
    • In the Fed, on the Hill, in the White House...
Blog

Peak Prosperity

Money Creation: The Fed - Crash Course Chapter 8

Creating money out of thin air since 1913...
Friday, August 8, 2014, 8:49 PM

Chapter 8 of the Crash Course is now publicly available and ready for watching below.

As a follow-on to the two previous chapters -- one explaining the nature of fiat money, the other showing how money is loaned into existence through our fractional reserve banking system -- this week's video details the Fed's near-magical ability to create money out of thin air (literally!). » Read more

video

This chapter of the new Crash Course series has not yet been made available to the public.

Each week over the rest of 2014, in sequential order, a new chapter will be made publicly available (we've currently published up to Chapter 7)

If you don't want to wait, you can:

 

 

 

 

 

guest

Marianne Williamson

Marianne  Williamson

Marianne Williamson is an internationally acclaimed author, lecturer and thought leader. Six of her ten published books have been New York Times Best Sellers. Four of these have been #1 New York Times Best Sellers.

In 1997, she published Healing the Soul of America, calling for a holistic perspective on America’s political system. The book is an insightful examination of our history and politics, offering personal and political solutions for the renewal of our democracy.

Podcast

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Marianne Williamson: We Must Maintain a Healthy Sense of Protest

Speak truth to power
Saturday, December 28, 2013, 2:16 PM

Partisan politics is something we actively avoid discussing on this site. Instead, we prefer to operate in the domain of provable fact. But that doesn't mean that we have written off the political process entirely. » Read more

Podcast

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John Rubino: Out of Good Options

We've borrowed too much for too long
Saturday, October 26, 2013, 3:43 PM

In this week's podcast John Rubino provides an excellent explanation of why governing has become such hard sledding of late for our politicians. Since they have enjoyed an ever-expanding pie so far in their careers, they don't have any professional experience of prioritizing spending, which the sluggish economy is now demanding of them. They are, simply put, the wrong people for the job. » Read more

Insider

Bernanke's Suspicious Remarks on Gold

His dismissal of its importance is not very credible
Thursday, July 25, 2013, 8:33 PM

Recently, on July 18, 2013, Federal Reserve Chairman Ben Bernanke told Congress a number of things about gold that make us wonder which one of two interpretations is correct: Is he really that out of touch? Or is he telling us lies with the bumbling skill of a four-year-old? » Read more