Why is the Fed Playing Santa Claus to Bipolar Finance Capitalists?

After making noises about tapering the rate of free money that the Fed is donating to bankers every month, Fed chairman Powell has has changed his mind. Looking at the state of the Yankee economy, unemployment figures and inflation with rose-colored glasses he thinks free money continues to be justified. Jack Rasmus challenges Powell’s analysis in all areas, not to mention COVID.

Listen to Jack Rasmus on Alternative Visions

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