Tags » The Fed
I recently appeared on the Solidus Center podcast on the history, workings and policy consequences of the Federal Reserve System, America’s central bank.
I explain the connection between central banking and the boom and bust of the business cycle; what role the Federal Reserve played in generating the recent housing and investment bubbles that burst in 2008; how and why the Federal Reserve has followed another “expansionary” monetary policy over the last seven years; and what changes must be introduced to end these repeated episodes of monetary mischief and economic instability. 14 more words
By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com
This coming week could be very telling. China just ended a disastrous week and finished just whiskers away from entering bear market (-20%) territory… 989 more words
Stock Market Capitalization
Let us start with Warren Buffet’s favorite market valuation ratio: stock market capitalization to GDP. I have modified this slightly, replacing GDP with GNP, because the former excludes offshore earnings — a significant factor for multinationals. 528 more words