JOIN OR RENEW TODAY
Global EconomyMoney and BanksMoney and Banking
The eurozone economy is slowing down. The solution isn't more fiscal and monetary stimuli.
The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.
Financial MarketsGlobal EconomyMoney and Banking
If the world gets into a currency war — with the assault on wages and savings that devaluation entails — no one wins.
The FedMoney and BanksU.S. EconomyMoney and Banking
With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low.
Financial MarketsMoney and BanksMoney and Banking
The fact that the most conservative investors are being forced to purchase bonds of nearly bankrupt companies for virtually no yield is not a success of monetary policy nor a tool for growth.
Financial MarketsMoney and Banks
The market probably interprets correctly that the European Central Bank will become even more dovish under Lagarde. This will encourage more risk in the financial system.
Bureaucracy and RegulationCorporate Welfare
Elon Musk uses corporate welfare and "public-private partnerships" to create the false impression he is an actual entrepreneur.
Monetary policy has gone from being a tool to support fiscal reforms to an excuse for not implementing them.