The Fed

The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.

The Fed admits the jobs data is worsening, and sees no way to raise rates without torpedoing the tepid recovery.

The FOMC appears to be downbeat about job gains, stating that the "pace of improvement in the labor market has slowed."

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Central bankers think the official statistics are overcounting inflation and undercounting productivity.

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.

They have mismanaged the economy and I am afraid the worst is yet to come.

Jeff Deist makes the case that the real issues confronting us are war and peace, central banking, and state power—not inequality or racism or sexism.

This tepid recovery is now very long in the tooth and industrial production and PMI's are slipping into recession mode virtually everywhere.