Financial Markets
Credit crunch + Market Rout = Central bank intervention
The turmoil in financial markets is eliciting the usual response from the central bankers, all up there in their Hueys, ‘Die Walkuere’
The Housing Bubble and the Credit Crunch
The turmoil in the credit markets now emanating from the collapse of the housing bubble can be understood in the light of the theory of the busines
What Caused the Liquidity Crunch?
It follows that liquidity could come under severe pressure if the Fed decides to cling to the current fed funds rate target whilst the economy is weakening.
Are Stock Markets a Swindle?
Aside from the error identified by Shostak this morning, another error concerning financial markets is th
Are Profits Purely Random?
The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.
Size of Sovereign Wealth Funds
I have written before for the blog about the emerging “sovereign wealth funds” (see: 1
Fannie Mae: Another New Deal Monstrosity
Fannie Mae is representative of all that's wrong with central planning institutions: it is a government-created conduit for carefully crafted financial and market socialism that the bureaucrats uphold for the purpose of propping up their fantasies for pandemic social engineering.
Australia & The Inverted Yield Curve
One myth upheld even by many people who has a basically sound outlook on monetary issues is the view that an inverted yield curve (where short term