Tag Archives: federal reserve
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
Hold On To Your Gold
Something befuddling’s going on. It is quite the brain twister. As night follows day and day follows night, should not price inflation follow the massive $4 trillion Fed balance sheet expansion that’s happened over the last 6-years? Simply connecting the … Continue reading
Why You Should Prepare Now for the Fed’s Next Money Pumping Scheme
Late last week something remarkable happened. The Fed announced it would close out its quantitative easing program…and stocks went up. This occurrence is what a psychologist would call cognitive dissonance. We’ll have more to say on this in a moment, … Continue reading
One Hundred Years of Failure and Counting
Quantitative easing is set to expire this month. That’s the plan at least. The $10 billion monthly tapers will finally bring the Fed’s QE3 bond buying program down from $85 billion per month to zero. That’s not to say the … Continue reading
