Tag Archives: quantitative easing
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
Posted in MN Gordon, Stock Market
Tagged bubble, DOW, monetizing debt, quantitative easing, S&P500
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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
Posted in Inflation, MN Gordon
Tagged ben bernanke, debt, dollar, federal reserve, government meddling, interest rate, operation twist, quantitative easing, treasuries
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