Money and Finance
- Gr-neam Reflections: 12/01/2013 - History Ignored, Again
The Federal Reserve’s largesse does, in the words of its own Jeremy Stein, “flow into all of the cracks”. The result is elevated valuations, from Twitter to emerging market debt. This film has been run before. ...
- Hussman Funds Semi-annual Report
The U.S. economy appears suspended at the boundary between tepid growth and recession, requiring a trillion-dollar federal deficit and unprecedented monetary easing simply to maintain that position. The Federal Reserve continues a well-known and fully-announced...
- John Mauldin: Qe Infinity: Unintended Consequences
There is an intense debate going on in the first-class cabin of Economics Airlines about the direction in which our plane should be pointed. And while those of us back in the cheap seats don't get to help decide, knowing where we will land is of intense...
- Ultra Easy Monetary Policy And The Law Of Unintended Consequences – By William R. White
AbstractIn this paper, an attempt is made to evaluate the desirability of ultra easy monetary policy by weighing up the balance of the desirable short run effects and the undesirable longer run effects – the unintended consequences. The conclusion is...
- John Mauldin: The Consequences Of Easy Monetary Policy
"No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the...
Money and Finance
GR-NEAM Reflections: 03/01/2013 - Better Late Than Never
Jeremy Stein of the Federal Reserve Board of Governors recently spoke on the subject of unintended consequences of unconventional monetary policy. The Fed thus begins to admit that the observations of capital markets observers have a point.
- Gr-neam Reflections: 12/01/2013 - History Ignored, Again
The Federal Reserve’s largesse does, in the words of its own Jeremy Stein, “flow into all of the cracks”. The result is elevated valuations, from Twitter to emerging market debt. This film has been run before. ...
- Hussman Funds Semi-annual Report
The U.S. economy appears suspended at the boundary between tepid growth and recession, requiring a trillion-dollar federal deficit and unprecedented monetary easing simply to maintain that position. The Federal Reserve continues a well-known and fully-announced...
- John Mauldin: Qe Infinity: Unintended Consequences
There is an intense debate going on in the first-class cabin of Economics Airlines about the direction in which our plane should be pointed. And while those of us back in the cheap seats don't get to help decide, knowing where we will land is of intense...
- Ultra Easy Monetary Policy And The Law Of Unintended Consequences – By William R. White
AbstractIn this paper, an attempt is made to evaluate the desirability of ultra easy monetary policy by weighing up the balance of the desirable short run effects and the undesirable longer run effects – the unintended consequences. The conclusion is...
- John Mauldin: The Consequences Of Easy Monetary Policy
"No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the...