It’s a controversial question: can the government do enough to influence the economy? If history is any indication, they often get it wrong.
Need to fund more government spending? The easiest way is to increase debt by printing more money. But is this a recipe for disaster?
In the news is word that Mr Neumann has been let go. The poor man is on his own, after SoftBank took control of his company.
The Fed is injecting money into the system as part of its ‘reserve management’ programme; it began this week with $7.5 billion.
The once-in-a-lifetime opportunity is for the Fed to enable the boneheads in the White House and Congress to spend more money
In, 2009-2019, debt rose even more. Worldwide, it more than doubled, growing five times faster than GDP.
Our beat is money. And in today’s money world, truth is rare; beauty can be found only in irony and mockery.
When the economy is healthy and growing, people buy stocks and the index generally goes up. These inverted yield signs signal an oncoming recession.
Faced with the next crisis, the monkeys at central banks are going to do what everyone expects them to do. The feds should let the market rates be set.
It was in the early 1970s that the idea of ‘stimulating’ an economy began to take hold, first among progressives.
‘It’s all part of a plan,’ explained a colleague. ‘Trump is not book smart; he’s smart like a fox.’ ‘He knows that Americans need to see some economic improvement in … Read More
What kind of capitalism is it when the capitalists drive up their share prices rather than producing goods and services that they can sell at a profit?
The money is fake. Interest rates are artificial. Prices are fraudulent. And today, the price signals are worthless.