The Federal Reserve May as Well Be Run by Alexandria Ocasio-Cortez

2020-5-5 20:57

With its move into corporate bond buying, the Fed is undoing free market capitalism even faster than Rep. Alexandria Ocasio-Cortez would. The post The Federal Reserve May as Well Be Run by Alexandria Ocasio-Cortez appeared first on CCN.com origin »

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What is MMT and Why Is It Causing A Stir in America?

At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation.

2019-3-19 14:11


AOC’s ‘Grotesque’ Economic Plan is Just a Ripoff from Obama

Earlier this week, former Barack Obama adviser Larry Summers called Alexandria Ocasio-Cortez’s spending proposals “dangerous. ” Obama Adviser Summers: Ocasio-Cortez Plan ‘Dangerous’ for US Economy Summers, who was once the chief economist at the World Bank, told CNBC that advocating to run up the national debt – as Ocasio-Cortez and Bernie Sanders have – and let the Federal Reserve endlessly monetize the debt by “printing” more money to acquire Treasury securities is not a “realistic calculus.

2019-3-8 22:57


Surprise, Surprise! Emerging Campaign Finance Scandal Reveals That Self-Righteous AOC Isn’t As Clean As She Says

Rookie U. S. Congresswoman Alexandria Ocasio-Cortez has been dragged into an emerging campaign finance scandal that could potentially compromise her carefully crafted reputation as the ‘people’s candidate,’ as well as call her political platform into question just three months after the 2018 midterm elections that saw her become the youngest-ever female member of Congress.

2019-3-5 05:24


Even Fed Chair Powell is Freaked out by Alexandria Ocasio-Cortez’s Money-Printing Scheme

Even the U. S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade is unworkable, Federal Reserve Chairman Jerome Powell said Tuesday.

2019-2-27 02:16


Ocasio-Cortez Tries to Tear Down Trump’s Border Wall Just 24 Hours after Chasing Amazon out of NYC

The wide criticism U. S. House Rep. Alexandria Ocasio-Cortez received when she cheered Amazon’s decision to not build a second headquarters in New York didn’t seem to faze her. Instead, the freshman congresswoman seems emboldened, and now, just one day later, she’s setting her sights on President Donald Trump and his beloved border wall.

2019-2-16 00:28


Newsflash: Amazon Trashes Plans for NYC Headquarters, Caves to Pressure from Ocasio-Cortez

Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. Amazon Caves to Pressure from Ocasio-Cortez, other Lawmakers The spacious Amazon campus in Long Island City, Queens would have created more than 25,000 well-paying jobs.

2019-2-15 19:58


Is Ocasio-Cortez’s ‘Green New Deal’ a Good Thing for Bitcoin? Let’s Take a Closer Look…

During her appearance on the NPR podcast a couple of days back, Democrat Alexandria Ocasio-Cortez outlined her stance in regards to her monetary policy and how she plans to restructure the social/economic framework of the US if her freshly proposed ‘Green New Deal’ is passed by the senate. Elaborating on her stance, Cortez said that […]

2019-2-9 17:32


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Jerome Powell warns of employment risks as Fed cuts rates again

The Federal Reserve is continuing with rate cuts, with another 25bps reduction and an end to quantitative easing. Slow job growth is an increasing concern for the Federal Reserve. On Wednesday, October 29, the U.S. Federal Reserve delivered a widely…

Bitcoin Holds Its Breath as Fed Looks to Cut Rates

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