Tag Archives: bank of japan
The Sickness that Never Ends
It’s a wacky and wild world out there. We don’t know what to make of it anymore. The tried and true has disappeared from common circulation like pre-1965 quarter dollars. What remains is a lot of claptrap. For example, we’ve … Continue reading
Central Bankers Unite
Government planners float the economy up on a sea of credit. Financial markets rest on an eroding base of wet sandy debt. With all the funny money sloshing around…no solid footings remain. Here at the Economic Prism we long for … Continue reading
What You Must Know About Global Currency Debasement
After six years of heavy handed market intervention the financial system has been pushed to the extremes. Scientific management of the economy has twisted and contorted it in ways that would’ve otherwise been impossible. Rather than moderating the business cycle … Continue reading
Experience the Magic of Unconventional Instruments
One of the pleasures of living in a postmodern world is witnessing the incoherent monetary policy efforts of central bankers. It’s like watching a child chase seagulls at the beach. There’s a lot of movement with no purpose or accomplishment. … Continue reading
