Tag Archives: QE

Pipe Dream Economics

Fiscal policy, as opposed to monetary policy, is more readily understood by the average working stiff. Income taxes, budget deficits, the national debt. These are all tangible things people can grasp a hold of, if they care to. The consequences of zero interest rate policy (ZIRP) or quantitative easing (QE), however, are less obvious to the casual observer. Continue reading

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Scientific Management of the Economy is Absurd

A Fed insider shattered the glass and pulled the fire alarm this week. “A strengthening U.S. economy may force the central bank to hike rates ‘sooner rather than later’ to stay ahead of inflation,” Philadelphia Federal Reserve President Charles Plosser … Continue reading

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So Long Ben, and Thanks for All the Memories

Outgoing Fed Chair Ben Bernanke took a moment last Friday to bid farewell.  With his final speech as Fed Chair, he endeavored to clarify exactly what he’s been up to over the last eight years.  Many topics were touched upon; … Continue reading

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