Tag: Keynesian Economics

No, Fed: Supply Construction, Not Demand Destruction

Image by bridgesward from Pixabay Everyone loves to dunk on the Federal Reserve (Fed). To many, the setters of U.S. monetary policy never get it right. Its stable of Ph.D. economists are always too late, or too slow, or too early, or too fast. Shockingly, many have built prominent careers in peddling this viewpoint. Yet,..

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Inflation: Why Now And Will Bondholders Care?

Image by StockSnap from Pixabay As I sat down to write this month’s article, just one topic came to mind: inflation. Readers know that I just wrote on this theme. Yet, it remains topical and I have more to exploring to do. I’m specifically interested in why we’re seeing inflation now and does it even..

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Cheap Fed Liquidity Forestalls Deleveraging & Entices Debt

Image by RayMark sourced from pixabay Powell’s Real Choice: His Reputation Or Esteem—Part 3 The following is Part 3 in a series outlining my belief that central banks and fiat currency regimes ultimately lead to increasing amounts of leverage. Part 1 can be found here and Part 2 here. Over the past few months I..

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