[expat_panama]

Some of us here will say they want to ban the Fed because well, they want to. Please tell us how you'd like the gov't to control the value of money w/o the fed. Others will say they want an "audit" of the fed. Please tell us what specifically you want to know that isn't already public.

[snoringbear]

A little something that the Fed wants to sneak under the radar being they’re out of other tricks to supposedly stimulate the economy; negative interest rates. How will it work? What are the alternatives? Well, the Fed is way ahead of you. They’re well into planing the elimination of $50 and $100 bills. Yes indeedie, our government, here to help us, sarc/

[VTenigma]

“Another recession” Kemosabee?

[expat_panama]

Happy New Week everyone!   Uncertainty returns as metals falter and stock indexes scrape up to test the "basement ceiling" it's been hitting for the past month.   Adding to the confusion is that this site says stock futures are solid upbeat and these say they'll be flat.  Gold and silver are off, but hey it's the roof they're trying to punch thru there.

No econ reports today (whew!).   In other news:

Countries Don't Go Bankrupt? 20th Shows Otherwise - Alex Pollock, RCM
Saudi/Russia Deal Gives Oil Politics New Twist - Liam Halligan, Telegraph
Fear and Loathing of Negative Yield Debt - Mnyanda & Nelson, Bloomberg
Why Are Republicans Avoiding Talk of Prosperity? - Ralph Benko, Forbes
Obama's Final Budget Proof Both Sides Agree - Roy Meyers, New Republic
What Explains the Appeal of Socialism? - Steve Moore, Washington Times
Why Millennials Love Bernie Sanders - Whitney Ross Manzo, USA Today
In 2016, Most Live Better than Rockefeller In 1916 - Donald Boudreaux,CH
Is Iran Really Ready For Foreign Investment? - Alireza Ramezani, Al Mon.
Pope Francis Gets Medieval Over Capitalism - Editorial, Investor's Business

[dennisw]

The Fed is a private bank. The gov’t such as it is does not control it. And interest rates have a life of their own...The Fed can only try to ride this tiger and steer it a bit. Or sometimes a lot depending on circumstances.
ZIRP and NIRP are degeneracy promulgated by degenerate, inside The Beltway “bankers” who run Da Fed. And mark my words they are degenerates, though Federal Reserve honchos and bankers didn’t used to be

[zzwhale]

we are heading for a depression .....
already in a recession
the numbers are lies that say the economy is recovering.... its not and it won’t until tax raets on corporations are lowered, middle class jobs are brought back and there is more middle class disposable income....
economics 101
70% of the USA economy is consumer spending.... and it aint happening
how many stores are being closed and oil patch jobs lost with the ripple effect...
recovery is nothing but another obama LIE.......
with almost 8 years of this pompous commie idiot the economy hasn’t budged off of recession... the government numbers are published each month and then revised down the road... LIES lies lies

[palmer]

Please tell us how you'd like the gov't to control the value of money w/o the fed

Why should the govt control the value of money?

[The Sons of Liberty]

The chickens are coming home to roost

The TRUTH is that there was never really a recovery. People looked for jobs, found none and dropped out of the workforce, and the unemployment rate dropped. 0bama claimed credit for "recovery".

[Buckeye McFrog]

Mister we could use a man like
Andrew Jackson again....

[painter]

China, instead of implementing needed market reforms, artificially suppressed the value of the yuan, subsidized domestic industries with easy credit and protected them from foreign competition. Those boosted exports and accelerated the decline of manufacturing in Western economies.

This is what Trump has been talking about.

[Ozark Tom]

Look up the withholding from wages being paid into the Treasury, and consider the trend line.

http://www.zerohedge.com/news/2016-02-20/alarm-goes-threatening-strong-us-jobs-myth-withheld-income-taxes-are-stalling

[Moonman62]

The chickens are coming home to roost, and the Federal Reserve could easily push America into another recession.

...

That’s the Fed’s job. Actually, it is to suppress wages, but causing recessions is a big part of that.