Posts Tagged ‘monetary policy’

A “Social Depression” That Only The Fed Can Cure

Ambrose Evans-Pritchard is out with a new post suggesting that the US is perilously close to political gridlock which is preventing the Fed from engaging in more QE and putting the country at risk of sliding into a “Japanese trap.” His prescription calls for the Fed to make massive bond purchases but with a twist: […]

Two Different Views Of Economic Imperatives

Alan Blinder has an op-ed piece in the New York Times warning of the dangers of reversing course in economic policy in the near term. Meanwhile Liam Halligan writing in the Telegraph asks where’s deflation.  Blinder recounts the familiar story of the policy errors that the Fed and administration made in 1936 and 1937 that […]

Is Competitive Devaluation A Growing Threat?

Well the world is once again spinning on its proper axis. Uber-bear Ambrose Evans-Pritchard after a brief dalliance with optimism is once again viewing the world through his apocalyptic lens. In the he focuses in on Japan and Switzerland.  Swiss consumer prices fell 0.4pc in March (year-on-year). Swiss CPI will be minus 1pc at […]

The Road To Economic Recovery?

You can bet that I am not going to be found in a camp opposing restraint on the part of the federal government when it comes to taming this recession. The authorities have one big, mean tiger by the tail and could well get mauled before this is over. I am, however, now and probably […]