Fed Governor
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Fed Governor
@FedGovernor
Charles S. Hamlin. First Governor of the Federal Reserve 1914–1916. Reading... 🇺🇸

Foreign investors are piling into US equities at a record pace: Cumulative year-to-date inflows from global investment funds into US equities are up to ~2.5% of their total assets under management. This percentage has more than DOUBLED since May alone. This is also significantly above the 2002-2025 average of -0.3% in outflows for this point in the year. By comparison, excluding the top 10% with the largest inflows and the bottom 10% with the largest outflows of the 2002-2025 period, global fund inflows averaged just ~1.5% by this point in the year. The YTD pace has already exceeded the full-year total recorded in the middle 50% of years since 2002. Current demand for US equities is unprecedented.


U.S. Dollar has lost 97% of its purchasing power since the creation of the Federal Reserve in 1913 🚨 🚨

The main reason socialism has always failed and caused unimaginable misery is that its goal of equality of outcome is incompatible with the incentives needed for a society to prosper. This helps explain why: 1. A professor tested socialism in a classroom. 2. He averaged everyone's test scores so all students received the same grade. 3. Hardworking students stopped studying because their effort no longer earned top marks. 4. Low-performing students stopped studying, knowing they would pass anyway. 5. Overall grades quickly fell to an "F". Socialism has never worked, and it never will. Why is this so difficult for the left to understand?





May 1950: Hyperinflation or Depression?


























