Blog Bonds At 5%: Is The 10-Year Treasury Finally A Buy? Daily Market Commentary Bond Auctions: You Never Hear About The Good Ones Bull Bear Report Equity Risk Premium Has Vanished, And Stocks Aren’t Cheap. Blog Gambling Epidemic: Gen Z Bets Against Their Future Daily Market Commentary A Record Number Of Negative Beta Stocks Daily Market Commentary Are REITS Right For A Bond Rally? Blog Worried Consumers Keep Spending: Here’s Why Daily Market Commentary An Incalculable Concept That Is Misleading The Fed Daily Market Commentary A Rising Dollar Becomes A Headwind Daily Market Commentary Jobs Recovery Or One-Off Blip?
Vol. XXVII · No. 134
Monday — October 12, 2026
Houston, Texas

Tag: wealth inequality

Jerome Powell & The Fed’s Great Betrayal

Jerome Powell & The Fed’s Great Betrayal

By Michael Lebowitz, Feb 5, 2020

When the money supply is increased for consumptive and speculative purposes, the Fed creates dissonance between our wages, wealth, and the rate of inflation. In other words, they generate excessive inflation and reduce our real wealth.