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Olduvai III: Catacylsm
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Panic Sets In: Fed Promotes More Free Money

Panic Sets In: Fed Promotes More Free Money Lawmakers need to do more says Minneapolis Fed President Neel Kashkari. Free Money for 18 Months The Fed cannot directly give money away so that burden falls on Congress. Kashkari follows Fed Chair Jerome Powell in seeking Congressional Action. “They are going to need more. If this is […]

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Weekly Commentary: Rejoicing Central Banker Capitulation

Weekly Commentary: Rejoicing Central Banker Capitulation June 21 – Neel Kashkari, Minneapolis Fed president: “In the Federal Open Market Committee meeting that concluded on Wednesday of this week, I advocated for a 50-basis-point rate cut to 1.75% to 2.00% and a commitment not to raise rates again until core inflation reaches our 2% target on […]

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Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Dear Fed, It’s Not “Really Hard to Spot Bubbles” Here are some visual aids to help the Fed spot the housing bubble. Minneapolis Fed President Neel Kashkari was the latest Fed official to claim in an essay – thus following in the time-honored footsteps of former Fed Chair Ben Bernanke – that “spotting bubbles is […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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