Monthly Archives: June 2014

Global Drag Threatens Worst U.S. Export Performance in Over 60 Years

Ever since an über-strong U.S. dollar crushed the export sector in the mid-1980s, the U.S. economy hasn’t looked quite the same. Exports picked up towards the end of the decade, helped along by the G-7’s historic 1985 powwow at New … Continue reading

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Unintended Consequences of Obama’s Student Loan Policies

So this week, President Obama’s populist, class-warring, shut-out-the-legislature, ignore-the-long-term-consequences romp through every corner of life turned to the education sector. His new policies on student loans include greater access to both payment reductions and loan forgiveness. And, needless to say, … Continue reading

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Technical Notes for ‘The Untold Story’

This is an appendix for our earlier post, “Where $1 of QE Goes: The Untold Story.” We’ll describe our use of the Fed’s flow of funds data in more detail, in Q&A format.

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Where $1 of QE Goes: The Untold Story

“We don’t understand fully how large-scale asset purchase programs work to ease financial market conditions.” – New York Fed President Bill Dudley “I don’t think there’s any doubt that quantitative easing enabled the rich and the quick. It was a … Continue reading

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