Tag Archives: janet yellen
Fed Quack Treatments are Causing the Stagnation
There’s something alluring about cure-alls and quick fixes. Who doesn’t want a magic panacea to make every illness or discomfort disappear? Such a yearning once compelled the best and the brightest minds to believe the impossible for over two thousand … Continue reading
Janet Yellen’s 78-Month Plan for the National Monetary Policy of the United States
Adventures in depravity are nearly always confronted with the unpleasant reality that stopping the degeneracy is much more difficult than starting it. This realization, and the unsettling feeling that comes with it, usually surfaces just after passing the point of … Continue reading
Adventures in Quantitative Tightening
All remaining doubts concerning the place the U.S. economy, and its tangled web of international credits and debts, is headed were clarified this week. On Monday, Mark Yusko, CIO of Morgan Creek Capital Management, told CNBC that: “…we’re flowing toward … Continue reading
Tales from the FOMC Underground
Many of today’s economic troubles are due to a fantastic guess. That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would … Continue reading
