Home » Posts tagged 'quantitative easing' (Page 22)
Tag Archives: quantitative easing
Yes, The ECB Chief Economist Really Said It: “If You Print Enough Money, You Always Get Inflation. Always.”
Yes, The ECB Chief Economist Really Said It: “If You Print Enough Money, You Always Get Inflation. Always.” Once upon a time there was a cute, if amusing and terribly disingenuous debate among those who have never actually traded but pretend to know finance, about what QE and “unconventional policy” actually was. “It’s an asset […]
The Global Monetary Non-System
The Global Monetary Non-System NEW DELHI – As 2015 ended, the world boasted few areas of robust growth. At a time when both developed and emerging-market countries need rapid growth to maintain domestic stability, this is a dangerous situation. It reflects a variety of factors, including low productivity growth in industrial countries, the debt overhang […]
Bank Counterparty Risk Surges To 4-Year High
Bank Counterparty Risk Surges To 4-Year High The TED Spread is the difference between the interest rates on interbank loans and on short-term U.S. government debt and as such offers a proxy for how banks themselves perceive the relative creditworthiness of the financial system. The last time TED spread was surging to this level was late […]
Peter Schiff: “Mission Accomplished”
Peter Schiff: “Mission Accomplished” Mission Accomplished On May 1, 2003 on the flight deck of the USS Abraham Lincoln then President George W. Bush, after becoming the first U.S. president to land on an aircraft carrier in a fixed wing aircraft (in a dashing olive drab flight suit), declared underneath an enormous “Mission Accomplished” banner that “major […]
Why the Fed Is WRONG About Interest Rates
Why the Fed Is WRONG About Interest Rates Richard Werner – an economics professor and the creator of quantitative easing – says that it’s a myth that interest rates drive the level of economic activity. The data shows that the opposite is true: rates lagthe economy. Economics prof Steve Keen – who called the Great Recession before […]
Grant Williams: The End Of The Road
Grant Williams: The End Of The Road The Fed is finally boxed in Grant Williams returns this week to set the context for this week’s FOMC meeting, where the Federal Reserve is widely expected to hike interest rates for the first time in nearly a decade. To say he is very skeptical of the Fed’s ability […]
A Full Trunk Of Combustible Junk——The Wages Of ZIRP
A Full Trunk Of Combustible Junk——The Wages Of ZIRP Shuffling uncomfortably with paint brushes in hand in the tight monetary corner into which they have painted themselves, our monetary suzerains are about to demonstrate the folly of their seven-year stint of “extraordinary” policy accommodation. Even as ZIRP and QE have failed to rejuvenate the main street economy, they did trigger a far-reaching […]
The Poison of Central Planning
The Poison of Central Planning As is well known, central banks around the world have deployed a range of “unconventional policies” in recent years, ranging from imposing zero to negative interest rates, to outright money printing (QE). Photo via americanpatriotdaily.com We have seen a number of people argue that “QE” does not really involve “money […]
ECB & The Failed QE Stimulus
ECB & The Failed QE Stimulus The central banks are simply trapped. They have bought in bonds under the theory that this will stimulate the economy by injecting cash. But there are several problems with this entire concept. This is an elitist view to say the least for the money injected does not stimulate the […]
Swiss Bank “Goes There”, Applies Negative Rates To Retail Deposits
Swiss Bank “Goes There”, Applies Negative Rates To Retail Deposits Back in September in “How Mario Draghi Can Force The Swiss National Bank To Go ‘Nuclear On Depositors,” we discussed the implications of the ECB’s (likely) decision to plunge further into NIRP-dom at the bank’s December meeting. In short, DM central banks – with the […]
Global Trade (Still) In Freefall: Imports Collapse At Largest Three US Ports
Global Trade (Still) In Freefall: Imports Collapse At Largest Three US Ports We’ve said it before and we’ll say it again: global growth and trade are grinding to a halt. Back in September, we flagged comments from WTO chief economist Robert Koopman who warned that after a “burst of globalization”, we are now “at a point of […]
Is Judgment Day At Hand?
Is Judgment Day At Hand? What is Judgment Day? It is like ancient times that the Feds, under Greenspan, somehow decided that US needed to follow a zero interest rate policy, a policy now known as the ZIRP. It was 2008 when Bernanke gave birth to the term Quantitative Easing, QE. QE was followed by Operation […]
The Fed Desperately Tries to Maintain the Status Quo
The Fed Desperately Tries to Maintain the 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 their fingernails, listening as if spellbound to what Janet Yellen has to tell them. Will she finally raise the federal funds rate that has […]
Experts Fear a Stealth Crash Has Already Begun: “Risk is Flashing Red”
Experts Fear a Stealth Crash Has Already Begun: “Risk is Flashing Red” It is more clear than ever that the Federal Reserve’s quantitative easing program will eventually bring destruction to the planet. The world doubled down on risk after the 2008 crisis with nearly unlimited liquidity, and now debt is threatening to drown the global […]
Haruhiko Kuroda – The Pressure to “Do More” Rises
Haruhiko Kuroda – The Pressure to “Do More” Rises BoJ Leaves Policy Unchanged, but What Comes Next? The Bank of Japan has employed QE programs since March of 2001 (in February of 2001, it still claimed that “QE will be ineffective” – it was right then, for the last time). These have had no effect […]
