Friday , 1 November 2024

Search Results for: interest rates

Artificial Stimulus Will NOT Revive U.S. Economy

The Japanese monetary and fiscal anti-deflation reflex in reaction to the crash in the 90´s was very much the same as the recent and currently ongoing global pumping approach. Japan has been running exactly the same "stimulus" as the rest of the world is now employing to fight the downturn. It didn´t work in Japan and I doubt it will work globally. If ever there was an economic illustration of the fact that "stimulus" cannot revive a REAL economy, Japan is that illustration. Words: 861

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Antal Fekete: The Fed Inadvertently Steering Economy on Road to Hell (+2K Views)

I would welcome a public debate of my thesis that risk-free bond speculation suppresses the rate of interest and destroys capital in the process. I have challenged neo-classical economists who still consider the open-market operations of the Fed as a ‘refined tool to manage the national economy’. I want them, instead, to see in open-market operations the cancer of the economy responsible for the withering of the world’s prosperity. So far my challenge has fallen upon deaf ears. Words: 2854

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The U.S. Dollar: Too Big to Fail? (+11K Views)

Those in the U.S. power structure know what the plan is if the U.S. dollar should fail. They are not admitting publically that there is even the remotest chance that it could happen but, rest assured, there is a plan. There is always a plan. To paraphrase Franklin Roosevelt, nothing happens by chance in government, so don’t be caught up in such a ‘surprise’ event - whatever it may be and whenever it occurs. Words: 1345

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