7 Reasons QE isn’t Ending
I keep saying that “tapering” isn’t “unprinting”. That is, if you’re inclined to believe that QE = “money printing” then “tapering” = “less money printing”. It’s still “money printing”. It’s [ … ]
Practical Views on Money
I keep saying that “tapering” isn’t “unprinting”. That is, if you’re inclined to believe that QE = “money printing” then “tapering” = “less money printing”. It’s still “money printing”. It’s [ … ]
Back in 2011 Dallas Fed President Richard Fisher voiced his concerns about QE and how he thought “monetizing the debt” was a dangerous path on the way to insolvency: “If [ … ]
I joined the guys on the Dan Cofall show yesterday to talk about QE, hyperinflation, the US economy and some stock market stuff. Here’s a brief run-down (you can listen [ … ]
One thing I’ve continually cited throughout Quantitative Easing is how the evidence between stock prices and QE is actually much less reliable than most presume. The case I keep pointing [ … ]
You won’t believe this, but apparently QE doesn’t do much for the economy. At least according to the San Francisco Fed: “Asset purchase programs like QE2 appear to have, at [ … ]
Larry Kudlow has declared the deficit hawks (the inflationistas) the losers of the long raging inflation debate (see here for details). After almost 5 years of QE and thousands of [ … ]
Larry Summers and I definitely agree on one thing – QE is much more hyped up than it deserves to be. The FT has a good piece discussing how Summers [ … ]
I often talk about how QE has had diminishing returns from QE1 to whatever we’re calling the latest phase of the program. That is, with asset prices selling substantially below [ … ]
Here’s a little thought experiment for you. But first a brief bit of background. We know a few things: QE is an asset swap of privately held bonds for some [ … ]