He/Haw. Reichsbank President 1908-1923. Financial historian & inflation-truther. Tweets are solely for my own amusement. "My way of joking is to tell the truth"
"...next to language, money is the most important medium through which a modern society communicates. What happens when this medium does not function properly anymore, when it loses its trustworthiness and ultimately wreaks havoc? " - Bernd Widdig cc @MinneapolisFed
Wouldn't CNN, Fox, MSNBC etc. all be banned under this precedent?
So this Christopher Waller Fed clown is just another academic lifer - he's got pensions and COLA adjustments and tenure and he will never not be taken care of no matter what happens to the cost of living. Here's his Feb. 2020 financial disclosure form.
I have two main issues: 1. The military-industrial complex Eisenhower warned us about in 1961, and, related to that, 2. The Big Bank crime wave and associated kleptocracy... plus all the politicians, institutions, think tanks, economists, media fanboys etc. who support #1 & #2 .
This is one of the most remarkable charts I've ever seen. This student-debt slavery is a very new phenomenon.