Trump’s economic plan runs the risk of severely derailing the US economy
byTrump’s plan is what Keynes would have prescribed Most economic commentators such as a Nobel Laureate Paul Krugman should be delighted with the US…
Generation Snowflake clobbered, again
by“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
The Looming Bubble in Long-Term Debt
byIn the aftermath of the financial crisis of 2007–2009, analysts and prognosticators have constantly argued over the next big bubble. Will it be in…
Yield Curve Control – the road to infinite QE
byZero Yield 10 year Ever since central banks embarked on quantitative easing (QE) they were effectively taking control of their domestic government yield curves….
Economic Ideas: Inflation, Price Controls and Collectivism During the French Revolution
byGovernments have an insatiable appetite for the wealth of their subjects. When governments find it impossible to continue raising taxes or borrowing funds, they…
High time to get real on interest rates
byHaving just managed to quell a dangerous rebellion among her fellow Committee members, it did not seem the most opportune time for Janet Yellen…
Perilous government finances
byPresident-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have…
Trump Is Not Seeking Yellen’s Resignation, But Won’t Nominate Her For A Second Term
byAs we reported first thing this morning, one of the burning questions troubling Wall Street at this moment, is whether president elect Donald Trump…
Investing through the Looking Glass
by“Winners of the 2017 American civil war will go on to face the winners of the 2017 British civil war in the final” – …
Have Central Bankers “Lost the Plot?”
byRecently, the UK Daily Telegraph ran a remarkable Op-Ed written by William Hague, the just-retired Conservative politician and former UK Foreign Secretary. The title…