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Monthly Archives: March 2014
How to Achieve Honest Banking
Today we take pause from the markets to bring you a brief review of new research by economists at the New York Federal Reserve. On Tuesday, they published a special Economic Policy Review series. It includes 11 research papers, providing … Continue reading
Posted in MN Gordon, Politics
Tagged big banks, economic policy review, federal reserve, honest banking, moral hazard, too big to fail
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The End of Carte Blanche Bailouts
There’s a forthcoming crisis developing. Stocks have run up over the last five years to new highs. Many find this cause for celebration…we find it cause for alarm. Somewhere along their travels, stocks drifted out of orbit from the real … Continue reading
Posted in MN Gordon, Politics
Tagged bubble, business cycle, collapse, debt, federal reserve, russell 2000, S&P500
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What Is Really Backing the Dollar
Japan can’t seem to catch a break. In February, they notched their 20th straight monthly trade deficit. Like America, Japan now imports more than it exports. In other words, as a country, Japan grows poorer each month. This, alas, was … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of japan, currency, dollar, european central bank, janet yellen, yen
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The Health Care Crisis of the Century
The Health Care Crisis of the Century By Alex Daley, Chief Technology Investment Strategist, Casey Research It’s hardly a state secret that we Americans are getting old. Both in raw numbers and as a percentage of the overall population, the … Continue reading