Janet Yellen

American zombies, Paradise Papers and sources of rebellion + this day in history w/Reagan reelected and our song of the day by The Pack A.D. on your Morning Monarchy for November 6, 2017.

Workers make bicycle parts at a factory at Ludhina in the Indian state of Punjab. India remains one of the strongest emerging market performers, analysts agree [Xinhua]
Investments in emerging markets have been on the rebound in the past 18 months soaring to new levels despite the dollar and oil prices fluctuation, and look likely to continue their upward climb in the coming year.

Markets are speculating that Trump will choose a Fed chief who will not upset the current policies of the Federal Reserve [Xinhua]
Emerging markets are hoping that US President Donald Trump will pick a replacement for Federal Reserve chief Janet Yellen, whose term as chair expires in February 2018.
While she will remain on as Fed governor until 2024, and will be one of five candidates for Trump to choose from, economists in emergint markets are betting that Trump could sway toward Fed Governor Jerome Powell, who is seen as being more dovish than Yellen.

(ANTIMEDIA Op-ed) — For those who believe in the virtue of central bank economic stimulus, the moment of truth has finally arrived. Federal Reserve chairman Janet Yellen announced late last month that the Fed plans to start shrinking its balance sheet for the first time since it expanded from less than $900 billion in 2008 to an unprecedented $4.5 trillion today.

(RPI) Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called “experts” proclaim that we are in an era of unending prosperity.

(ANTIMEDIA) Washington, D.C. — As further evidence that interest in cryptocurrencies like Bitcoin is currently booming, consider these opening lines from a CNBC article on Wednesday:
“An unidentified man held up a sign saying ‘buy bitcoin’ during Fed Chair Janet Yellen’s testimony Wednesday before the House Financial Services Committee.

(ANTIMEDIA) —Most people haven’t studied economics and don’t understand the contributing factors that led to the Great Recession, so they still view the Federal Reserve as a hero that saved the country from total collapse. But those who are informed understand that the financial bubbles seen over the last 20 years have been directly caused by reckless central bank intervention in the markets.

The Federal Reserve has hiked interest rates three times since Trump was elected, but only once during Obama’s eight years. This has led to the suspicion that the Fed is trying to undermine Trump's economic programs and his voter support. [...]

Cops caught on camera plotting to frame innocent man; Yellen schools the public on who really runs the country; and the feds want to crack down on little free libraries for the good of the nation.

Cops caught on camera plotting to frame innocent man; Yellen schools the public on who really runs the country; and the feds want to crack down on little free libraries for the good of the nation.