Daily Market Commentary CMBS Losses Reach The AAA Tranche Again Blog Investor Optimism Wins As An Investment Strategy Bull Bear Report Jefferies Sets 9000 Market Target: Everything Must Go Right Daily Market Commentary Will Political Pressure Or Economic Hardship End The War? Blog Consumer Credit Stress: What The Data Really Shows Daily Market Commentary No Relief At The Pump Despite Crude Falling Blog Japan Breaks The ‘Debt Causes Inflation’ Narrative Daily Market Commentary The FOMC Sees Zero Downside Economic Risks Daily Market Commentary Dow Slides While Nasdaq Rallies: Omen Or Rotation? Blog Earnings Mean Reversion: When Estimates Snap Back
Vol. XXVII · No. 134
Monday — September 28, 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.