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The FedFinancial MarketsMonetary Policy
The Fed's balance sheet has risen to $4.1 trillion from $3.7 trillion in August. Nomi Prins discusses what this policy shift means and what it portends for 2020.
Monetary PolicyTaxes and Spending
Argentina is only going to prosper when it recognizes that its fiscal and monetary imbalances are not the fault of the citizens and their small businesses, but of the government.
Financial MarketsMoney and Banks
Sweden launched its failed negative rate plan almost five years ago and now reverses it due to the financial risks that are created.
Protectionism and Free Trade
Some Latin American policymakers seem to think China will offer easy terms for loans and trade agreements. They're wrong. China isn't as rich as many think.
The FedGlobal EconomyMoney and Banking
The true lesson from Japan is that central planners prefer to gradually nationalize the economy before even considering a moderate reduction in government size and control.
Had consumers in 1938 been uninterested in a feature-length cartoon, Snow White would have bankrupted the Disney studio. Instead, Walt Disney was richly rewarded for his risk-taking.
Cronyism and CorporatismThe EnvironmentMoney and Banks
The ECB, always happy to repeat the mistakes of Japan, is likely to start new programs of debt monetization for green projects and claim it is a different, radical and new measure.
The net effects of the regime's economic planning is wealth destruction and perpetuation of chronic, widespread poverty. South Africa’s per capita GDP, at around $6,000 in 2019, has not increased in inflation-adjusted terms in a quarter-century.