The Fed’s Latest Housing Bubble
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.
Jeff and Bob take a look at the misnamed "World Economic Forum" and its conference this past week in Davos.
As the economy begins to slow, the results of the Fed's money pumping are showing up in mergers and acquisitions.
After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.
While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.