Tag Archives: Quantitative Easing

Widening Gap Between Rich and Super-Rich: What Does it Mean?

In the New York Times, we read: Philip Rushton has been selling private jets to the global rich for more than three decades. In just about every economic cycle, sales of small jets and big jets tended to move together — rising and falling with financial markets and fortunes of the wealthy. Now, however, the […]

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Europe, Breaking Keynesian Rules: Deflation But No Recession?

On the Wall Street Journal, we read: The European Central Bank has the option of engaging in large-scale asset purchases, known as quantitative easing, but such a policy is not needed at present after the bank unveiled extraordinary measures to fight too-low inflation last week, a top ECB official said Friday. “It’s in the toolbox. […]

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Inflation Hits: Food Prices Going Up.

I have long warned that the Federal Reserve’s policy of monetary inflation would produce rising prices. Wait no longer. It is happening. Below are the most recent stats on the Consumer Price Index (CPI) from the Federal Reserve Bank of Cleveland. Tracking the Median CPI is better than the normal CPI. It is less volatile. […]

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Bank Crisis: #2 Bank in the UK Losing Money, Cutting Jobs.

Barclays, the 2nd largest bank in the United Kingdom in terms of total assets, has recently announced that it is cutting nearly 15,000 jobs this year. This is big news. Barclays is an enormous bank. It is the 10th largest bank in the world. As the BBC reports: Barclays is expected to announce up to […]

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The USA – Future Totalitarian Dystopia?

There are a number of serious political and economic questions to be asked about the future of America. In the economic sphere, we are in uncharted territory. The total supply of money in the U.S. has never been as high as it is now. Even 10 years ago, this rate of monetary expansion would’ve been […]

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Janet Yellen’s First Press Release: Quick Thoughts and Analysis.

Janet Yellen, Chairwoman of the Federal Reserve, recently solidified her reign by holding her first post-FOMC official press release. In the release, Ms. Yellen made some mildly interesting comments. Previous chairman Ben Bernanke had maintained that inflation at 2% and unemployment at 6.5% would signal the Fed to begin winding down its asset purchase program. […]

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The 4th Branch of Government: The Federal Reserve.

Sometimes I am blown away by the sheer lack of basic economic understanding from influential people in politics, business, and academia. When I hear these people speak, I can’t help but put my hand on my forehead with an incredulous look on my face and think, “Does this person really believe this crap?” This interesting […]

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Former Federal Reserve Official: “I’m Sorry, America.”

Andrew Huszar is a former Federal Reserve official. He has harsh words for his former employer, and for the misdeeds they continue to perform. I am sure Huszar is a Keynesian, but that does not change that he seems to have realized the truth about the Federal Reserve, and who the Federal Reserve is actually […]

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Ron Paul: The Longer QE Goes On, The Worse The End Will Be.

In this interesting interview with the Birch Gold Group, former congressman Ron Paul discusses his views on a number of relevant economic topics, including precious metals, the future of the dollar, and Federal Reserve policy. Rachel Mills for Birch Gold Group (BGG): This is Rachel Mills for Birch Gold Group. I am speaking with Ron […]

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Economic Recovery? – Quantitative Easing Examined.

Ben Bernanke will retire from the position of Chairman of the Federal Reserve on January 31st, 2014, after having served 8 years. He was originally nominated by President Bush in 2006, and re-nominated in 2010 by President Obama. Bernanke has presided over the worst economic crisis since the Great Depression, and will likely be remembered […]

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