Memo To RFK: Condemn The Fed’s $281 Billion Gift To The Banks And Wall Street

You might think that an institution possessing the right to print legal tender at will would be one barn- burner of a profit machine. And if you also assume that history ended in 2021 you would be dead right. Under law, the Federal Reserve is required to remit all of its profits after operating expense […]

You need to login to view this content. David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself. David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly. This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life. SUBSRIBE NOW | SUBSCRIBE NOW