Is it the government a cornucopia of money, so that we need not worry about its debt?
The Left plans to pay for the Green New Deal by experimenting with an untried economic theory. We're their lab rats.
Summary: Here's another in my series of economic myth-busting articles, explaining that the Fed is not suppressing rates. It is a follow-up to Ignore The Bond Bears, The Fed Will Not Raise Rates. Part of the magical, even divine, powers attributed to the Federal Reserve is their ability to set interest rates -- both short- … Continue reading Today’s mythbusting: the Fed is not suppressing interest rates
Summary: Since 2010 I have said that the economy is locked in slow-mo and the Fed will not start a new rate cycle. It's even more true today than in 2010. Many investors and economists are convinced that the Fed will soon end its near-zero interest rate policy and begin raising rates - "normalizing them". … Continue reading The Fed Will Not Raise Rates In The Foreseeable Future
Summary: The Economic Cycle Research Institute (ECRI), who correctly predicted the slow recovery, explains the slow growth in which the US and Japanese economies are mired, and the fantastic monetary experiment waged by central banks to prevent them slumping into recessions. Appreciate the wonders of our time. The recovery since 2008 has been difficult for … Continue reading ECRI looks at our Great Monetary Experiment: It’s Too Big to Fail