The Stinky Japanese Bond
Central banks have been on a bond-buying spree. This is good for governments deep in debt. But it is a risky and dangerous policy for the rest of us.
Central banks have been on a bond-buying spree. This is good for governments deep in debt. But it is a risky and dangerous policy for the rest of us.
The bond sell-off of early September 2016 may turn out to be just another blip in the extraordinary bond bull market. But it is too early to tell.
The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
Money supply growth reached a three-year high in July.
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
Economists Stephen Cohen and Bradford DeLong are spouting an unfortunate amount of enthusiasm for Alexander Hamilton's corporatist economics.
The War on Cash is nothing more than a lust for more power by central bankers and their advocates in academia.