It is now clear that today’s escalation of the New Cold War was planned over a year ago. America’s plan to block Nord Stream 2 was really part of its strategy to block Western Europe (“NATO”) from seeking prosperity by mutual trade and investment with China and Russia
The Dollar Devours the Euro
Tag: Interest Rates
Is Putin the New Coronavirus?
President Biden’s “maskless” State of the Union signifies the near-end of the COVID tyranny we have lived under for the past two years. Fortunately for Congress, the President, and the Federal Reserve, the Ukraine-Russia conflict is replacing COVID as a ready-made excuse for their failures and a justification for expanding their power.
Is Putin the New Coronavirus?
Since the Fed Announced It Was “Tapering” Last November, It’s Actually Added $332 Billion in Liquidity with New Debt Security Purchases
By Pam Martens and Russ Martens: February 15, 2022 ~
If you’re wondering why inflation is running hotter than it has in 40 years and why St. Louis Fed President James Bullard has broken with protocol and is openly criticizing the Fed on television for falling behind the curve on inflation, here’s a key part of that story.
The Fed’s Federal Open Market Committee (FOMC) made its first announcement that it would begin “tapering” the amount of its purchases of Treasurys and Mortgage-Backed Securities (MBS) on November 3 of last year. On that date, according to the Fed’s own H.4.1 filing, it held $8.063 trillion in debt securities. As of last Wednesday, that figure had risen to $8.395 trillion or an increase (not decrease) of $332 billion in the span of just three months.
Since the Fed Announced It Was “Tapering” Last November, It’s Actually Added $332 Billion in Liquidity with New Debt Security Purchases
The reason the US wants war in Ukraine is ultimately all about the dollar
Chris Hedges and Richard Wolff: The Precarious State of the US Economy

Image by Hossam el-Hamalawy via Flickr
Dandelion Salad, with Chris Hedges, RT America, on Feb 13, 2022
On the show, Chris Hedges interviews economist Richard Wolff on the precarious state of the US economy and its consequences.
Chris Hedges and Richard Wolff: The Precarious State of the US Economy
The Fed is about to raise interest rates and shaft American workers – again
Policymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are struggling
The Fed is about to raise interest rates and shaft American workers – again
The West’s wasted crisis
A year that began hopefully is ending grimly. Western political elites, unable (and perhaps unwilling) to turn a deadly pandemic and climate crisis into a life-preserving opportunity, have only themselves to blame.
The West’s wasted crisis
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