Left: Stooge du jour, Jerome Powell.
The Fed is likely to start tapering, monetary tightening, because of rising prices. Meanwhile, Commercial Banking is limiting lending. Conveniently, cyber attacks are now taking place.
Real Currencies is an interesting Blog , I have some sympathy with this latest Post.
Any other thoughts?
I have circulated this privately and reblogged.
Our Financial Oligarchy
How the Combiners Combine
Serve One Master Only!
What Publicity Can Do
Where the Banker is Superfluous
Big Men and Little Business
A Curse of Bigness
The Failure of Banker-Management
(first appeared in Harper’s Weekly, 16 August 1913) The Inefficiency of the Oligarchs
AMA Based Interview With Prof. Richard Werner (June 2021)