Tag Archives: john maynard keynes
Why Radical Spending Cuts Are Needed
The International Monetary Fund, a creature birthed at the Bretton Woods Conference in July 1944, turned 80 years old this week. Its bureaucrats are worried. Continue reading
Fed’s QT Taper Talks Are Already Behind The Eight Ball
The monitory policy order has changed dramatically over the last five years. For example, March marks the end of the Fed’s Bank Term Funding Program (BTFP). This, coupled with the rapid draining of reserves, suggests the Fed’s plans for tapering QT are already behind the eight ball. Continue reading
How Quantitative Tightening Ends
The pursuit of decadence is always met with the painful reality that stopping the excess is much more difficult than starting. This realization, like a killer in the night, lies in wait until just after the point of no return. When the certain destruction cannot be undone. Continue reading
The Joy of Stealing
Robbery. Theft. Stealing. These actions take many different forms. There’s fraud. There’s force. There’s white collar theft. There’s crafty pickpockets. House burglaries. Insurance swindles. Breaking and entering (B&E). Hanoi-style. Credit card scams. Government kickbacks. Hold ups. Carjacking. Embezzlement. And much, Much More… Continue reading
