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…

Fed Chair Jerome Powell sounds the alarm on U.S. federal debt. The federal deficit is forecast to swell to $1.1 trillion. U.S. household debt reached a new record high in the third quarter. Jerome Powell has presided over three interest rate cuts as Federal Reserve Chairman, but now believes debt is a problem. Of course,…