“Digital Corrections – will crypto save capitalism, and the FED ?”

The FED has no way of re-balancing or raising rates without crashing the markets. The FED doesn't want to take the blame. Not again. Even though the markets are crying out for a correction.  There is no discipline. The level of incontinence is unprecedented. QE has got to stop. But how? One would like new … Continue reading “Digital Corrections – will crypto save capitalism, and the FED ?”

Monetary fiscal US UK Can Fed BoE BoC Brazil

unherd.com 3-5-2022 Is this the beginning of the end for the US dollar? - China is threatening to dump dollar reserves to protect them from seizure - by Philip Pilkington ..."On Saturday The Financial Times reported that the Chinese central bank and finance ministry held an internal conference discussing how to protect against potential US … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil

Funeral of a Classic Curve?

Has the Phillips Curve  finally been buried? Whilst the FT reports on the Fed's new strategy as just another incremental codification of its extremely dovish policy,  Reuters reads it as a final straw flattening the curve out of existence: "One of the fundamental theories of modern economics may have finally been put to rest."    … Continue reading Funeral of a Classic Curve?