The BS of the Fed – Where the Magic Happens

(updated 8/19/2020 3:30am PT) How can we Structure the Financial System to be Compatible with a Shared Ownership Economy? (Part 4) The balance sheet of the Fed will give you clues as to the health of the economy and of society as a whole. In the prior post I mentioned the Great Decoupling – theContinue reading “The BS of the Fed – Where the Magic Happens”

The Fed’s Superpowers

(updated 8/18/2020 9:40am PT) How can we Structure the Financial System to be Compatible with a Shared Ownership Economy? (Part 3) Part Three – The Fed’s Superpowers The Federal Reserve is an interesting beast. It is the key player of the money and banking system – it can issue the national currency, it facilitates theContinue reading “The Fed’s Superpowers”