Tag Archives: quantitative easing
Fed Policy Reduction
To sharpen the mind and calibrate the senses we begin with an old paradox… “A man says that he is lying,” posited fourth century BC Greek philosopher Eubulides of Miletus. “Is what he says true or false?” You tell us… … Continue reading
Where Does the Money Come From?
This week revealed fresh evidence that things may get worse for the economy before they get better. Obviously, this is not the direction we’d wish to see things go. But rarely do we get what we wish for. This new … Continue reading
Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
The Malady of the Federal Reserve
Ben Bernanke and his pals at the Federal Reserve are meeting today to come up with their next plan for manipulating credit markets. Tomorrow they’ll let us know their grand designs for monkeying with the money supply and interest rates. … Continue reading
