Tag Archives: treasuries
What Fed Chair Powell Forgot to Mention
What are the chances of Federal Reserve Chairman Jerome Powell being wrong? The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself? Our guess is his chances of being wrong … Continue reading
As the Controlled Inflation Scheme Rolls On
American consumers are not only feeling good. They’re feeling great. They’re borrowing money – and spending it – like tomorrow will never come. On Monday the Federal Reserve released its latest report of consumer credit outstanding. According to the Fed’s … Continue reading
Several Simple Suppositions and Suspicions for 2018
The New Year’s nearly here. The slate’s been wiped clean. New hopes, new dreams, and new fantasies, are all within reach. Today’s the day to make a double fisted grab for them. Without question, 2018 will be the year that … Continue reading
The Three Headed Debt Monster That’s Going to Rampage the Economy
“The bank is something more than men, I tell you. It’s the monster. Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Infusions of New Credit Something strange and somewhat senseless happened this … Continue reading
