The Final Act in the Fed’s Farce Is About to Begin

 

Emma Walsh

Sep. 20, 2020

100,000 American businesses have closed permanently over the last six months. Up to 30 million Americans are collecting unemployment compensation.

In an attempt to coax the economy back to life, the feds are dropping new “fake” money from their helicopters at a rate never seen before. The U.S. dollar has lost ground… and will lose a lot more.

And it looks like our editor is the only one asking where it will all end…

Regards,
Emma Walsh
Managing Editor, Bill Bonner’s Diary

 


image A Shot in the Arm
Lockdowns continue in various forms. But global data is showing that if the feds had done nothing at all, the results might be about the same. Meanwhile, efforts to develop a COVID-19 vaccine continue apace. But is a vaccine really the answer?

image Millions Will Be Left Behind in the New Economy
While those in the “knowledge” economy get on with working from home, the lockdowns have shuttered many businesses in the service sector… some permanently. Millions of workers are being left behind in the “new” economy.

image The World Left Behind
Are we entering “perpetual recession”? Our editor thinks it’s highly likely. People, jobs, businesses, and old-school values are being left behind. But most importantly, so is the buying power of the U.S. dollar. What’s left behind will be only fit for the junkyard…

image The Fed’s Latest Announcement Is Really Stupid
The Federal Reserve’s latest attempt to coax the economy back to full strength – keeping interest rates near zero until at least 2023 – is just stupid, says our editor. The problem is, no one else seems to realize it…

image Final Scene in the Fed’s Fantastic Farce
The Federal Reserve is promising nearly $5 trillion in new money by 2023. Take your seats as the curtain rises on Act Four of the Fed’s well-rehearsed farce… in which the fatal flaws of our fake-dollar system take center stage.

image Build Your Own Bolthole
Longtime Diary readers will be familiar with Bill’s favorite hobby – building. An amateur builder, he has built or renovated 10 houses on various continents. Today, he tells us about a couple of these projects, including an experimental “Earthship” in the shape of a football helmet!

Like what you’re reading? Send your thoughts to feedback@rogueeconomics.com.