Federal Reserve Board: H.2 Release for Week Ending January 21, 2017; H.4.1 Release (Balance Sheet) for Week Ending January 26, 2017; FOMC Laughter at the Unemployed

The Federal Reserve Board (Board) publishes a weekly digest of its activities on its website. The digest is called the H.2 Release and is published every Thursday. The release for the week ending January 21, 2017, is below. H.2 Release–Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received Category … Continue reading Federal Reserve Board: H.2 Release for Week Ending January 21, 2017; H.4.1 Release (Balance Sheet) for Week Ending January 26, 2017; FOMC Laughter at the Unemployed

The Federal Open Market Committee: Laughter at the Unemployed–Unacceptable, Disgusting

Unemployment deprives people of cash needed for living. There must be a better way of doing macroeconomic policy other than placing the burden on nonwealthy people. With the leaders and membership of the Federal Reserve being largely composed of millionaires, the policy is extremely myopic and dangerous. In this environment, one can see how laughter at the poor and vulnerable could occur and be deemed acceptable.

Federal Reserve Board: H.2 Release for Week Ending December 29, 2018; H.4.1 Release (Balance Sheet) for Week Ending January 3, 2019

Of Note— (1) Jerome Powell and unemployment. I have been consistently displeased with the millionaire-centered monetary policy of the Federal Reserve Board. Jerome Powell, a multimillionaire who does not need to have a job, cavalierly discusses this point. For those that have to work, or depend on others working to bring in money to the … Continue reading Federal Reserve Board: H.2 Release for Week Ending December 29, 2018; H.4.1 Release (Balance Sheet) for Week Ending January 3, 2019

The Federal Reserve Board on African American Unemployment

Introduction I decided to assemble this page after viewing the questions and discussion of U.S. Representative Al Green (D-Texas) during the House of Representatives, Committee on Financial Services, hearing for the February 2018 Monetary Policy Report. While Rep. Green (and other House members) have asked about black unemployment previously, the February 2018 questions and statement … Continue reading The Federal Reserve Board on African American Unemployment