monetary policy

Even the IMF Is Calling for Higher Taxes on the Rich

Ilana Novick / Truthdig Jan 7, 2020 International Monetary Fund Managing Director Kristalina Georgieva says the move would reduce income inequality. Dig deeper ( 2 Min. Read )

Stephen Moore’s Economic Illiteracy Puts Us All at Risk

Marshall Auerback / Independent Media Institute Apr 3, 2019 The former Trump adviser has some profoundly misguided ideas about how to spur growth, and now he may be headed to the Federal Reserve. Dig deeper ( 8 Min. Read )

Can Jill Stein Carry Sanders’ Baton? A Look at the Green Candidate’s Radical Funding Solution

By Ellen Brown / Web of Debt Aug 3, 2016 Pointing to the massive sums the Fed produced out of the blue to bail out Wall Street in 2008, the Green Party presidential candidate says the same resources that saved the perpetrators of the financial crisis could be made available to its Main Street victims. Dig deeper ( 8 Min. Read )

Live Blog: Is America Prepared for Another Recession?

Eric Ortiz / Truthdig Mar 21, 2016 Talk of a financial downturn is in the air, and financial markets are anxious. Are the fears credible? The Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution leads a panel discussion on the possibility and how to respond. Dig deeper ( 9 Min. Read )

Four Questions for Fed Chair Candidates

By Sens. Bernie Sanders and Elizabeth Warren Aug 12, 2013 In our view, the president’s nominee for Fed chair must be committed to improving the lives of working Americans who are still struggling through the worst economic crisis since the Great Depression. To that end, we have four questions. The president’s nominee for Fed chair must be committed to improving the lives of working Americans who are still struggling through the worst economic crisis since the Great Depression. Dig deeper ( 3 Min. Read )

Wall Street Doesn’t Like What Fed Chairman Has to Say

Peter Z. Scheer / Truthdig Jun 20, 2013 The Federal Reserve will continue to buy bonds at a rate of $85 billion a month, but Chairman Ben Bernanke said better economic indicators mean the central bank could end its quantitative easing policy in 2014. Dig deeper ( 1 Min. Read )

Treasury Projects a Profit From Bailout

Staff / Truthdig Apr 16, 2012 Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry. Dig deeper ( 1 Min. Read )