David Stockman on the Fed’s Death Blow to Private Savings
International Man, Released on 7/3/20 Once upon a time, even Washington politicians feared large, chronic public debt, and not merely because they were especially intelligent or virtuous. We learned that in real time during 1981, when the Continue……
David Stockman on What Could Happen If the Fed Loses Control
International Man, Released on 6/26/20 What will cause the central banks to lose control is the greatest wave of debt defaults in recorded history. On that score, the Fed just issued its Flow of Funds data for Q1, and it Continue……
David Stockman on Fiscal Disaster, Social Unrest, and the Presidential Election
International Man, Released on 6/18/20 It’s quite simple. The Fed has unleashed the greatest torrent of liquidity ever, and it’s finding its way into a relentless, massive bid for risk assets. Since the eve of the Lockdown Nation Continue……
