Global Economy
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Europe Joins the QE Party
The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy.
Europe Joins the QE Party
The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy. The wealthy and powerful will benefit from this, but most everyone else is in big trouble.
Money: How the Destruction of the Dollar Threatens the Global Economy—and What We Can Do About It by Steve Forbes and Elizabeth Ames
Money is an odd book. “Moderation” in the use of a bad measure is no virtue. If cyanide is poison, “drink in small doses” is not the appropriate response. Money falls exactly into this bad pattern.
Post Mortem on the Swiss Franc’s Euro-Peg
The Swiss central bank's decision to let the Swiss franc find its market value (compared to the euro) was predictable, yet it has caused instability for Swiss markets. Meanwhile, the peg never helped the Swiss economy.
Dan Mitchell: The Immoral US Tax Regime
"Taxes" sounds like a boring subject, but Dan brings great energy and passion to the discussion.
How Greek Default May Still Unravel the EU
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even
How Greek Default May Still Unravel the EU
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts.
Fracking — A New Bubble for a New Year
Thanks to high oil prices and years of cheap money, capital-intensive fracking operations became feasible in even some of the most marginal areas. But with easy money comes bubbles, and falling oil prices may soon help pop the fracking bubble.
Swiss National Bank: Hero or Villain?
There has been much hand wringing among popular blogger-economists in response to the breaking of the Euro peg by the SNB.
