An Encore from Max Rangeley and Lord Turner?
byIt’s a pity Max Rangeley’s recent interview with Lord Turner couldn’t have run on a little longer. His last question, to my mind, closed…
Doubtful
by“Sir, Martin Wolf writes: “It may be hard to avoid crises but it is vital to make them both small and rare.” (“In the…
David Stockman: The Bubble Finance Cycle——What Our Keynesian School Marm Doesn’t Get. Parts 1 & 2
bySource: http://davidstockmanscontracorner.com/the-bubble-finance-cycle-what-our-keynesian-school-marm-doesnt-get/ Part 1 The world of Bubble Finance economies created by the Fed and other central banks is fundamentally different than that prevailing under the “Lite Touch” monetary…
The declining interest rate cap
byBelieve it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part…
Interview with Lord Turner on Monetary Reform
byLord Turner has been a Senior Fellow at the Institute for New Economic Thinking since 2013, and in 2015 became Chairman of the Institute’s…
Mish: US Import/Export Prices Show Cross Border Deflationary Pressures
bySource: Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.co.uk/2015/11/us-importexport-prices-show-cross.html There’s a slew of US economic reports out today. Let’s take a look starting with a look at Import…
Mises.org: The Fed Desperately Tries to Maintain the Status Quo
bySource: https://mises.org/library/fed-desperately-tries-maintain-status-quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing…
Ted Cruz Rockets Up With Gold And A Flat Tax
byTed Cruz rocked in the presidential race during the CNBC debate. His biggest breakthrough, even more important than his crowd-pleasing holding the media to…
Eugen von Bohn Bawerk: The Yield Curve and GDP – a causal relationship?
bySource: http://bawerk.net/2015/10/30/the-yield-curve-and-gdp-a-causal-relationship/ One of the most reliable indicators of an imminent recession through recent history has been the yield curve. Whenever longer dated rates…
Zero Hedge: One Analyst Says China’s Banking Sector Is Sitting On A $3 Trillion Neutron Bomb
bySource: http://www.zerohedge.com/news/2015-11-02/one-analyst-says-chinas-banking-sector-sitting-3-trillion-neutron-bomb To be sure, we’ve long contended that official data on bad loans at Chinese banks is even less reliable than NBS GDP…