Tag Archives: quantitative easing
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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Tagged Bill Dudley, capital ratios, flow of funds, front running, large-scale asset purchase programs, net lending, quantitative easing, Richard Fisher, risk-weighted assets, Tyler Durden, wealth effect
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3 Underappreciated Indicators to Guide You through a Debt-Saturated Economy
If you’re my generation or older, you may remember taking the original Pepsi Challenge – the Coke versus Pepsi taste testing booths that you would find at sporting events, fairs and similar venues. I took the Challenge and stuck with … Continue reading
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Tagged Austrian business cycle theory, bank balance sheets, Chicago Plan, creeping inflation, current account deficits, debt ratios, economic volatility, fractional reserve, Great Inflation, mainstream economic thought, money printing, non-money savings, Pepsi challenge, personal savings rates, public deficits, quantitative easing, recession indicators, risky borrowing, vicious loop, virtuous loop
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What an Ex-FOMC Governor Really Wants to Tell You about the Fed
Hunting season is off to a good start this week, and I’m not just talking about deer hunting. It seems that former Fed officials declared open season on their ex-colleagues. First, Andrew Huszar, who once ran the Fed’s mortgage buying … Continue reading
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
Forget the Hindenburg Omen, This Near-Perfect Deleveraging Indicator is Omen Enough
Update (June 20) – I added a section at the end of the post with information on specific countries. Also, the data shown here combines cross-border transactions in both U.S. and foreign long-term securities (I may not have made this … Continue reading
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Tagged cross-border financial flows, current account, debt ceiling, Hindenburg Omen, Long-term Capital Management, quantitative easing, TIC data
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