-
>> Discover the Recession Recovery Kit Today! -- Click Here <<
Follow Us On
Categories
-
Recent Articles
-
Tag Archives: zirp
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
Posted in Economy, MN Gordon
Tagged federal reserve, jerome powell, money printing, QE, zirp
2 Comments
Life After ZIRP
Federal Reserve Chair Janet Yellen finally made good on her promise. On Wednesday she raised the federal funds rate to a target range of 0.25 to 0.5 percent. Can you believe it? After nearly a decade since the last rate … Continue reading
Posted in Economy, MN Gordon
Tagged fiat money, financial crisis, janet yellen, junk bonds, zirp
Leave a comment
Is Janet Yellen a Jenny Ass?
Federal Reserve Chair Janet Yellen’s at the top of her game. She knows exactly what to do. She’s a PhD economist, after all. Her various affiliations with the Fed go back nearly 40 years. She knows what the correct Fed … Continue reading
Posted in MN Gordon, Politics
Tagged federal funds rate, janet yellen, jenny ass, monetary policy, zirp
Leave a comment
Lost in Extrapolation
In the late 1970s the impossible happened. Inflation and unemployment simultaneously went vertical. The leading economists of the day were flummoxed. The Phillips curve said there’s an inverse relationship between inflation and unemployment. When unemployment goes down, inflation goes up. … Continue reading
Posted in Inflation, MN Gordon
Tagged federal reserve, janet yellen, larry summers, phillips curve, zirp
Leave a comment