Tag: quantitative easing

How Much Is Too Much

How Much Is Too Much

The amount of monetary stimulus increasingly imposed on the financial system creates false signals about the economy’s true growth rate, causing a vast misallocation of capital, impaired productivity and weakened economic activity. To help quantify the amount of stimulus, please […]

Which Financial Assets Are Over Priced? MOST OF ‘EM.

Which Financial Assets Are Over Priced? MOST OF ‘EM.

Headline: Throw A Dart Asset Management Fees Are Showing Signs Of Strain And Could Fall 30% Amid Predictions Revenue Could Tank 50%, Asset Managers Still Unprepared For Mifid II *********************************************** QE, quite simply, DISTORTS FINANCIAL ASSET PRICES…meaning that we currently […]

The Fed Has No Control Over Inflation

The Fed Has No Control Over Inflation

Ben Bernanke uttered the word taper in 2013, signaling that quantitative easing’s days were numbered. No one knew how the Fed would escape from years of QE and near-zero rates. But to her credit, Yellen accepted the challenge in late 2013. Investors […]