Tag Archives: fed put

Welcome to the Era of Targeted Bailouts

Here at the Economic Prism, we’re opposed to market intervention and bailouts of all colors and stripes. The conceit of it all, that a collection of unelected bureaucrats knows what’s best for a 330-million-person economy, sticks in our craw like a broken chicken bone. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , | 1 Comment

What is the Strike Price of the Powell Put?

The Federal Reserve, through a multi-decade series of shady practices, finds itself in a very disagreeable place. Policies of extreme market intervention have positioned the economy and financial markets for an epic bust. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 24 Comments