Displaying 121 - 130 of 1864
Money and BanksMoney and Banking
As the foundation of the economy weakens, bank lending weakens also. And then money begins to disappear from the banking system.
Financial MarketsGlobal EconomyMoney and Banks
97% of consensus economists didn’t see the last recession the quarter before it started. Even worse, 77% didn’t see a recession when it was already happening!
Now untethered from everything except the will of central bankers, international exchange rates are especially prone to manipulation worldwide.
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
Money and BanksTaxes and Spending
Some inequality arises naturally from freedom of choice. Some comes from government meddling. One is good and the other is bad. …
The Fed's policies over the past decade have resulted in a rapidly widening wealth and income inequality.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
Global EconomyMoney and BanksMoney and Banking
China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.
In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.
A strong GDP growth rate, in most cases, is likely to be associated with the intensive squandering of the pool of real wealth.