Why the Fed will never succeed
byThe Fed will never succeed in its attempt to manage inflation and unemployment by varying interest rates, because it and its economists do not…
monetary policy
Is the US heading for an economic bust?
byOn Wednesday December 16 2015 Federal Reserve Bank policy makers raised the federal funds rate target by 0.25% to 0.5% for the first time…
A Free Market in Interest Rates
byUnless you’re living under a rock, you know that we have an administered interest rate. This means that the bureaucrats at the Federal Reserve…
The hike before Christmas
by“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone…
The Eurozone Sovereign Debt crisis and a potential OTC Interest Rate Derivatives crisis
byVishal Wilde is a finalist studying for a BSc (Hons) in Philosophy, Politics & Economics (Economics major) at the University of Warwick. He wishes…
Honey, I broke the markets
by“Donald Trump looks like the villain in a movie where the hero is a dog.” – The internet. Which four letter word still has…
Look ma – no rules !
by“Hell, there are no rules here – we’re trying to accomplish something.” – Thomas Edison. Operating outside of a rule book may be…
Mises.org: The Problem With “Rules-Based” Monetary Policy
bySource: https://mises.org/library/problem-rules-based-monetary-policy Author: Tommy Behnke The phrase “rules-based monetary policy” has frequented conservative circles a lot lately. Republican presidential candidate Ted Cruz expressed his…
The truth about GDP
by“I can prove anything by statistics except the truth” – George Canning Canning’s aphorism is as valid today as when he was Britain’s Prime…
Zero Hedge: What Will Happen To Corporate Profits If The Fed Hikes In December
bySource: http://www.zerohedge.com/news/2015-11-20/what-will-happen-corporate-profits-if-fed-hikes-december Q3 will be the first quarter in which the US officially suffers an earnings recession: two consecutive quarters of declining annual EPS…