Christopher Leonard’s “The Lords of Easy Money”- reviews

Chris Lehmann/ January 19, 2022 source: https://newrepublic.com/authors/chris-lehmann How the Fed Supercharged Inequality - Journalist Christopher Leonard’s new book, “The Lords of Easy Money,” follows the unintended consequences of quantitative easing. Like any good economic euphemism, “quantitative easing” evokes the soothing prospect of crisis averted and equilibrium restored. The term—coined by former Federal Reserve Chairman Benjamin … Continue reading Christopher Leonard’s “The Lords of Easy Money”- reviews

Confirmed: QE feeds Matthew Effect

Breaking Old News - QE really does feed Matthew effect!  Following bankers' earlier observations we now have official mainstream confirmation that  "softer monetary policy increases inequality." Not just in the US.  A fresh study by A.L. Anderson etal  provides "... new evidence on the distributional effects of monetary policy based on detailed administrative household-level data. The … Continue reading Confirmed: QE feeds Matthew Effect

“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 ?”

ALT currencies – any, eco, energy, ideal, next

this page: ALT currencies -any, complimentary, eco, energy, ideal, next currencies see also on gg ALT currencies local ALT currencies -commercial -digital -blockchain -crypto, bitcoin , internet -big tech, -metaverse, web3 Digital Money News – CBDC, sovereign digital currencies, monetary politics archive monetary fiscal US/UK monetary fiscal EU monetary reform monetary reform  B Lietaer  M … Continue reading ALT currencies – any, eco, energy, ideal, next

Lagarde Adagio Offuscato

Expect nothing but a repeat variation of  her 2012 Wolfgang Schäuble laudatio  from consummate diplomat Christine Lagarde today.  This is not the time to tell the Germans to get over their Schwarze Null fetish and spend money. Maybe there will be the odd softly spoken hint at clever new injection technology tunneling through southern debt mountains toward … Continue reading Lagarde Adagio Offuscato

QE5: QE farce wants to be Mousetrap

The “hell-has-no-fury like a creditor financially-repressed” farce continues, apparently intent on outdoing the London Mousetrap  with this stubborn repeat of the ancient tragedy of debtors versus creditors ? Or as bloomberg puts it "Anti-Draghi Revolt at ECB Still Won't Die." The FT tells us that the bank’s “…monetary policy committee … advised against resuming its bond purchases. … (and … Continue reading QE5: QE farce wants to be Mousetrap

QE4: Q.E.[Qd] = E.Q.[Qs]

According to my usually in-the-know Berlin banking contact, some IMF mega-brains have come up with a cunning plan to help their departing boss with her new job. It's being tested in Washington right now and Ms Legarde will try and sell it to the Berlin Elite  in November. It comes with a brand new acronym : … Continue reading QE4: Q.E.[Qd] = E.Q.[Qs]

QE3 : The Board Members’ Memo

"If you are looking for intent AND stupidity, look at governments" World Citizen on Mishtalk. I call this this post QE3 because it turns out to be my third one on this topic. "End of (His)story" was the first. Not that I realised. I was just poking fun at all the defunct economics (1) implict … Continue reading QE3 : The Board Members’ Memo