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Fed Chair Jerome Powell Just Admitted the U.S. Economy Is Screwed

Federal Reserve Chairman Jerome Powell resumed his congressional testimony on Wednesday. He told lawmakers that low interest rates have become a fact of life. Twenty-four hours earlier, he asserted that the U.S. economy was doing just fine. Powell’s half right: The U.S. can’t survive normal monetary policy without risking financial ruin. Jerome Powell told Congress…

Jerome Powell Secretly Knows the Federal Reserve Is About to Crash the U.S. Stock Market

Federal Reserve intervention in the U.S. financial system has increased since September, and the trend is expected to continue. Fed Chair Jerome Powell admitted the dangers of an ever-expanding balance sheet all the way back in 2012 but seems to be strangely silent on the subject today. Surging stock prices represent one area of the…