Two of the more offbeat and interesting Federal Reserve analysts these days are Jeffrey P. Snider, Head of Global Research at Alhambra Investments, and Joseph Wang, author of the self-published book Central Banking 101. Both authors seek to unearth the complexity and mystique of this ostensibly powerful capitalist institution (Snider through his blog and Wang […]
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Capital Volume II: Class 9
Readings: Capital II, ch. 15-17 “If we were to consider a communist society in place of a capitalist one, then money capital would immediately be done away with, and so too the disguises that transactions acquire through it. The matter would be simply reduced to the fact that the society must reckon in advance how […]
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Is the Fed Put real?
“Everyone says, ‘Gee, the Federal Reserve will keep pumping in the money to keep this rising stock market going.’ Yea, maybe it will. Then again, in the end, these are companies, and if our underlying economy disintegrates, which is what’s going on, then eventually these companies will not be able to deliver the dividends or […]
World of Lenidzky 