Interview with Gordon Kerr on Bloomberg TV Bulgaria
byKI Gordon, what is so significant about this September securitization deal for Banco Popolare di Bari? GK It is the most significant event…
The European Banking Can Nears the End of the Road
by“The key thing to know about Lehman Brothers is that it did not cause the financial crisis, it revealed the financial crisis”[1] Central Banking…
Benn Steil: Paul Krugman Doubles Down On Fiscal Expansion Claims Contradicted by Data
by“Everything about recent experience,” Paul Krugman says, “suggests that the world desperately needs fiscal expansion to boost demand and … that our sole reliance…
Trump’s economic plan runs the risk of severely derailing the US economy
byTrump’s plan is what Keynes would have prescribed Most economic commentators such as a Nobel Laureate Paul Krugman should be delighted with the US…
Generation Snowflake clobbered, again
by“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
The Looming Bubble in Long-Term Debt
byIn the aftermath of the financial crisis of 2007–2009, analysts and prognosticators have constantly argued over the next big bubble. Will it be in…
Yield Curve Control – the road to infinite QE
byZero Yield 10 year Ever since central banks embarked on quantitative easing (QE) they were effectively taking control of their domestic government yield curves….
Economic Ideas: Inflation, Price Controls and Collectivism During the French Revolution
byGovernments have an insatiable appetite for the wealth of their subjects. When governments find it impossible to continue raising taxes or borrowing funds, they…
High time to get real on interest rates
byHaving just managed to quell a dangerous rebellion among her fellow Committee members, it did not seem the most opportune time for Janet Yellen…
Perilous government finances
byPresident-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have…