Recovery or Recession?

By Austrian Markets

Interesting commentary on important economic charts. Austrian Markets takes a look at the fading impact of artificially low interest rates & QE, and how those policies have merely hidden or delayed a necessary economic corrections. Brace yourself...


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100 Reasons Why Janet Yellen Should Be Freaking Out About ''Audit the Fed''

Michael Snyder

Janet Yellen is very alarmed that some members of Congress want to conduct a comprehensive audit of the Federal Reserve for the first time since it was created.  If the Fed is doing everything correctly, why should Yellen be alarmed?  What does she have to hide?

During testimony before Congress on Tuesday, she made “central bank independence” sound like it was the holy grail.  Even though every other government function is debated politically in this country, Yellen insists that what the Federal Reserve does is “too important” to be influenced by the American people.  Does any other government agency ever dare to make that claim?

But of course the Federal Reserve is not a government agency.  It is a private banking cartel that has far more power over our money and our economy than anyone else does.  And later on in this article I am going to share with you dozens of reasons why Congress should shut it down.