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Olduvai III: Catacylsm
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Something Happened

Something Happened Ben Bernanke’s memoir is out and the chatter about it inevitably turns to the sickening moments in September 2008 when “the world economy came very close to collapse.” Easy to say, but how many people know what that means? It’s every bit as opaque as the operations of the Federal Reserve itself. There […]

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Now What?

Now What? September 18 – Reuters: “The world’s leading central banks are facing the risk that their massive efforts to revive economic growth could be dragged down again, with some officials arguing for bold new ideas to counter the threat of slow growth for years to come. A day after the U.S. Federal Reserve kept […]

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Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now

Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now Having recently explained (in great detail) why QE4 (and 5, 6 & 7) were inevitable (despite the protestations of all central planners, except for perhaps Kocharlakota – who never met an economy he didn’t want to throw free money at), we found it fascinating […]

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Inside The Federal Reserve: “Money For Nothing” – The Full Movie

Inside The Federal Reserve: “Money For Nothing” – The Full Movie Nearly 100 years after its creation, the power of the U.S. Federal Reserve has never been greater. Markets and governments around the world hold their breath in anticipation of the Fed Chair’s every word. Yet the average person knows very little about the most powerful […]

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How Many More “Saves” Are Left in the Central Bank Bazookas?

How Many More “Saves” Are Left in the Central Bank Bazookas? Very few, it seems The master narrative of the global economy shifted six years ago from “China will push global growth for decades to come” to “the central banks can push global growth for decades to come.” Time after time we’ve witnessed enfeebled global […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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