We have been hearing about the great economy for a decade while the labor force participation rate declined, real family incomes stagnated, and debt burdens rose. The American economy has been great only for large equity owners whose stock ownership benefitted from the trillions of dollars the Fed poured into financial markets and from buy-backs by corporations of their …
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American political, economic, and military global hegemony—sustained by America’s past economic productivity, the dollar’s reserve status, and the reliance on forward-deployed American military power—is over. In a new world shaped by sweeping technological change in warfare, business and finance, it’s not just the end of the much exaggerated “unipolar moment.” The American Hegemony: The tectonic plates of the international …
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The main problem with the US economy is that globalism has been deconstructing it, offshoring jobs and wealth to a foreign nation – will China rule us? The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have …
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A study of requirements for the optimal functioning of Capitalism quickly uncovers the need for a strong focus on trust. This applies to economics on the micro level as well as the macro perspective. Trust is one of the ethical principles that make the difference between constructive and self-destructive operation in profit-driven financial businesses. In cultures where social development …
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Washington’s weaponization of the dollar makes the world abandon the dollar: The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset side of banks’ balance sheets. Dollar System Breaking Up: This frightens depositors and they withdraw their deposits. Depositors also are withdrawing their money because they can get much higher interest rates on …
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No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United States.” Foreign governments, needing …
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Herland Report TV: Historian Hanne Nabintu Herland sat down with former US Senator, Ron Paul to discuss the future of the US dollar as reserve currency. Will we see the end of the US dollar or will the debt economy and free printing fuel a new surge in interest for the US currency world wide? “We will push the …
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Herland Report: Federal Reserve printing money out of thin air: The theory is that the lower interest rate encourages consumer spending and business investment and that this increase in consumer and business spending results in more output and employment. What few, if any, economists and financial market commentators understand is that today all markets are rigged by the plunge protection …
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Herland Report: Ben Bernanke House of Weaponizing the US dollar: After credit markets froze in the subprime crash of 2008-2009 Ben Bernanke and the Fed conjured up a number of monetary tricks to keep the system afloat. POMO, Twist, QE, TARP, repos, and currency swaps (and other monetary tricks) were used to provide liquidity to an essentially bankrupt system …
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Herland Report: Morgaging America’s Future: The top levels of power in society control the economy, the political system and often the geopolitical development. We therefore present some infographics that may explain the history and some of the reasons for the success of the Federal Reserve and the US Dollar. will happen in the future, remains to be seen. (Illustration …
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