Tag: ZIRP

Positive Unintended Consequences

Positive Unintended Consequences

The term “unintended consequences” should be familiar to everyone.  Generally, the term is used to describe undesirable effects of a policy that oftentimes was implemented to have the opposite effect of what actually ended up occurring.  However, there are also […]

Passive Negligence

Passive Negligence

The stock market is an essential cornerstone of capitalism, not a game of roulette. Well-functioning and free capital markets properly regulate the cost of capital, which is a vital input allowing companies to analyze the cost and benefit of investing […]

Old Faithful Meets The ‘New Normal’

Old Faithful Meets The ‘New Normal’

A New Monetary Policy Framework? Old Faithful Meets The ‘New Normal’ by Danielle DiMartino Booth Henry Washburn, Nathaniel P. Langford and Lt. Gustavus C. Doane, three intrepid souls who came, saw, mapped, and then in language so vivid as to […]

Global Sovereign Debt Photo by Freeimages9 (Pixabay)

You’re Not Sorry

Negative Yielding Sovereign Debt – You’re Not Sorry by Jeffrey Miller, Miller’s Market Musing All this time I was wasting, Hoping you would come around I’ve been giving out chances every time And all you do is let me down […]