Tag Archives: federal reserve
Good Riddance
High-risk investing is rewarded with higher returns when the financial tide is rising. The vast sea of liquidity hides the hazards and perils of a rock bottom reef. Madmen and lunatics get rich. But when the tide turns…watch out… “You … Continue reading
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
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
How the World Becomes Unrecognizable
Ninety three percent of Americans believe Elvis Presley is dead. That means 7 percent believe he’s still alive. The real insight here is that 7 percent of Americans are morons. The secondary insight is that a statistical result of 93 … Continue reading
