A slightly off-center perspective on monetary problems.

Most Recent
Blogs are not available

Fed policy: The Golden Age begins

January 16, 2020

Facebook Twitter LinkedIn Michael Rulle directed me to a WSJ article by Greg Ip on the decline in central bank effectiveness: The Era of Fed Power Is Over. Prepare for a More Perilous Road Ahead. The Federal Reserve and other central banks have long been the unchallenged drivers of financial markets and the... Read More >>
Other Posts


Facebook Twitter LinkedIn This Bloomberg article by former New York Fed President Bill Dudley caught my eye: In the fall of 2008,... Read More >>

Tax reform is now boosting measured GDP

Facebook Twitter LinkedIn The Financial Times reports that the recent corporate tax reform is beginning to encourage companies to bring intellectual... Read More >>

Films of 2019

Facebook Twitter LinkedIn With my OLED TV, I now see many more films, mostly older ones.  Thus I’ve separated out the... Read More >>

What would real house prices look like in a world without bubbles?

Facebook Twitter LinkedIn This: A series of random, unpredictable ups and downs. The Great Recession was not caused by a the bursting of... Read More >>

Should we fear this country?

Facebook Twitter LinkedIn By 2027, they will have a bit more than 1.4 billion people. Their economy is growing at 6%/year.... Read More >>

The forgotten ones

Facebook Twitter LinkedIn The WSJ recently did a story on the unusual island called “Rockall”. It included a great picture, which... Read More >>

NASDAQ 11,743?

Facebook Twitter LinkedIn No, NASDAQ has not reached 11,743; it’s around 8950 as I write this post. I’m going to make... Read More >>

Recent articles

Facebook Twitter LinkedIn I recently expressed some doubts about the idea of “progress”.  David Rose has a short essay that provides... Read More >>

Countries cannot leave planet Earth

Facebook Twitter LinkedIn The EU is a bit of a busybody, with some unnecessary regulations. It also does lots of good... Read More >>