Tag Archives: Detlev Schlichter
Technical Notes for ‘Banking Buffoonery’
This is an appendix to our earlier post, “Banking Buffoonery, Modeling Mysticism and Why Krugman Should Be Sweatin’ Bullets.” We discuss the Bank of England report and IS-LM model in more detail, using a Q&A format.
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Tagged Austrian economics, Bank of England, Detlev Schlichter, endogenous money, Frances Coppola, IS curve, IS-LM, monetary base, Paul Krugman, Pieria
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If You Don’t Trust the Fed, Here’s an Inside View That Confirms Your Worst Suspicions
Earlier this year the notion that the Fed might modestly taper its purchases drove significant upheaval across financial markets. This episode should engender humility on all sides. It should also correct the misimpression that QE is anything other than an … Continue reading
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Tagged CFA Institute, David Hume, Detlev Schlichter, FOMC, Kevin Warsh, Paper Money Collapse, QE, Richard Fisher, Upton Sinclair, William Poole
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Confession Time: Money Printing Enthusiasts Should Admit the Obvious
Imagine a football coach who hasn’t caught onto the game’s complexities and continues to run the same play – call it a fullback dive – over and over. When I read calls for more monetary stimulus, I feel as though … Continue reading
