Tag: United States Economy
Why Negative Interest Rates Don’t Stimulate the Economy
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 Trump’s Plan…
‘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 time for the next election. And there really isn’t any.
Why Both Political Parties Favour Inflation
The Fed lowers rates. More money flows into asset prices. People think their stocks are worth more. But they are probably less valuable.
The Federal Reserve Will Inflate the Economy Further
The Fed has to inflate the financial sector with more cheap credit, or the boom will die.
America’s Fake Money Will Get More Fake
The guardians of the world’s most important measures of value said they would lend more fake money at even fakier interest rates.
Trump’s Trade War: Just More Swamp Food
Politics got a boost with the election of Donald J Trump. Before his administration took over, trade was very low on the feds’ agenda.
The Financial World’s Most Popular Delusion
Short-term finance is great for short-term speculators. But it is bad for business. You can’t build a real, prosperous economy with overnight money.
The Fed Prepares for Mistake #3
Setting artificially low interest rates made the downtrend worse. Growth slowed further. The Swamp deepened. The empire grew bigger and more corrupt.
War Is the Health of The Deep State
War is the ultimate win-lose enterprise. One side wins; the other loses. Overall, people die, buildings are blown up, and real wealth is destroyed.
The Extinction of the Fiscal Conservative
The Democrats were early adopters of the ‘deficits don’t matter’ flapdoodle. Once in power, Republicans found it useful, too.
How Elizabeth Warren Out-Trumps Trump
How to beat Trump at his own game? Elizabeth Warren did. The question has been gnawing at the guts of the Democratic party for the last two years.
The American Bolsheviks Are Coming…
Politics is the enemy of civilisation. It is the enemy, too, of economic progress. Most important, it is the enemy of dignity and clear thinking.
How Hot Money Put America in Hot Water
Hot money is only useful for speculators. They can use it to take leveraged positions in stocks and bonds — where they know they can unload them and get out at a moment’s notice.
The Real Source of Wealth Inequality…
Buying stocks or houses may have been a good plan for 1982. And maybe even 2002. But for 2019? Is the pattern of the last 30 years likely to continue?
What Comes from Disrespecting Mr Market
How does Fed policy really connect to the real world of time, money, work, profits, innovation, forbearance, and all the other things that produce real wealth?