Tag Archives: William Poole
Reviving the ‘Real World’ Scenario That’s Disappeared from Government Reports
For 50 years or so the federal government has deliberately and to an increasing extent misstated probable future budget deficits. Democrats and Republicans are guilty. The White House is guilty. And so is Congress. Private firms that deliberately misrepresent their … Continue reading
Posted in Uncategorized
Tagged automatic enforcement procedures, budget balance projections, CBO, CBO alternative scenario, CBO annual budget outlook, CBO baseline scenario, Congressional Budget Office, debt service costs, dishonest lawmakers, government debt projections, gross debt, net debt, public finances, William Poole
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2013 Most Viewed Posts
Although CYNICONOMICS isn’t quite a year old, we’ll join the bloggers who report their most viewed posts at the end of the calendar year. We added up our page views here and on two other sites that publish our articles … Continue reading
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Tagged America's urban distress, CBO, Congressional Budget Office, federal government debt, Financial Analysts Journal, Jon Stewart, Kevin Warsh, Niall Ferguson, Paul Krugman, Rick Santelli, Seeking Alpha, William Poole, Zero Hedge
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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
Posted in Uncategorized
Tagged CFA Institute, David Hume, Detlev Schlichter, FOMC, Kevin Warsh, Paper Money Collapse, QE, Richard Fisher, Upton Sinclair, William Poole
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