TheMoneyIllusion

A slightly off-center perspective on monetary problems.

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Fed policy: The Golden Age begins

enero 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... Leer Más >>
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Fortunately?


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

Tax reform is now boosting measured GDP


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Films of 2019


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


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Should we fear this country?


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The forgotten ones


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

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... Leer Más >>

Recent articles


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

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... Leer Más >>