Tag Archives: DOW

Manna from Heaven

Modern day monetary policy’s something we disparage around here at the Economic Prism.  Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society.  That’s how we … Continue reading

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All Bets Are Off

Stock markets across the planet gazed out across the economic landscape yesterday and vomited all over themselves.  After that, they convulsed and dry heaved again and again.  For the global economic disfiguration has grown so grotesque, so awesomely awful, that … Continue reading

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The Fed’s Edifice Crumbles Away

There have been many appeals to ignorance over the last several years with respect to the effectiveness of monetary policy.  One popular tactic of policy goons is to point to an improved economic statistic – like unemployment – and self-adulate … Continue reading

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Sell the Rally

Do you have the feeling something just ain’t right?  If so, we suggest trusting your gut on this one.  The financial system’s running head long for a bleak implosion…followed by years of economic hardship. Certainly, this is only our opinion.  … Continue reading

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