Tag Archives: Federal Reserve

Keynes and Copernicus: The Debasement Of Money Overthrows The Social Order And Governments

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The United States Senate moves toward the confirmation of Janet Yellen, now posited for next January 6th, as chair of the Federal Reserve System.   Let us in this moment of recess reflect on eerily...
    






Who Got Rich This Week: Blue Jackets Owner and Married Japanese Biotech Team

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Each week at Forbes we scan our database of corporate insiders to see who got richer from the action in the stock market. The Federal Reserve announced this week that it would finally begin to...
    






The Fed Will Still Provide Massive QE Next Year

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The Federal Reserve announced this week that it will provide $75 billion of quantitative easing (QE) in January, a massive amount, and will provide large though diminishing amounts of additional...
    






U.S. GDP Grew 4.1% In Third Quarter, More Than Previously Estimated

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New data shows the economy is growing, giving support to the Federal Reserve’s decision to begin cutting back on asset purchases earlier this week and leading the stock market to a strong Friday open...
    






100 Years Later, The Federal Reserve Has Failed At Everything It’s Tried

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On Dec. 23, 1913, President Woodrow Wilson signed the Owen Glass Act, creating the Federal Reserve. As we note its centennial, what has the Fed accomplished during the last 100 years? The stated...
    






Janet Yellen follows Ben Bernanke as Fed Chief

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Janet Yellen would be the first woman to head the Federal Reserve Bank. She has been the Vice President of the Fed since 2010. The Senate will still need to confirm Obama's nomination. Bloomberg has...

New $100 Bill Circulates Today

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The new $100 bill is in distribution today. Maybe you are lucky and get one of the first ones on your ATM visit. It was slated to come out earlier but due to a printing error the whole process got...

Federal Reserve to Start Circulation of Unique $100 Bill Tomorrow

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After much procrastination, the $100 bill is finally going to debut on Tuesday. It was slated to come out earlier but due to a printing error the whole process got derailed. Over 30 million banknotes...