Search completed
Is the Fed Sorry It Promised QE2? October 11, 2010 by Sy Harding, Editor of the Street Smart Report The Fed has had stocks and gold spiking up since early September, and the dollar plunging, first on hints that it might consider providing another round of ‘quantitative easing’ if the economic recovery continued to worsen, and […]
Most of the inflation arguments touted about in the press center around the Federal Reserve’s unlimited ability to create money. And while the Fed may be a relatively sovereign entity (probably scarily so!) – it is still accountable to Congress, and ultimately the American public. The Fed can only print as much money as the […]
This is a pretty cool and illuminating comparison of the statements issued by the FOMC after their last 2 meetings. See for yourself as the realization and terror that the economy is heading back down the toilet strikes the hearts of committee members! Hat tip to Barry Ritholtz and Andrew H. Also see: Fed, Bernanke […]
The Federal Reserve reported today that it will “roll over” principal payments on its mortgage holdings into long-term Treasury securities. Bloomberg reports: Federal Reserve officials will maintain their holdings of securities to prevent money from being drained out of the financial system in their first attempt to bolster the economy in more than a year. […]
Late last week, our good friend and fellow deflationist Carson sent over a link from Mish Shedlock’s blog, reporting a sharp annualized decrease in consumer and revolving credit. I just plotted the Fed’s historical data since 1978 (which I chose because there was a single quarter anomaly in 1977 that I didn’t feel like dealing […]
Quantitative Easing Ends (At Least For Now) April 1st marked the end of the Fed’s renowned money printing program, also known as “Quantitative Easing” for those who prefer to stick their heads in the sand and ignore what’s actually happening. From The Daily Reckoning: Under the (QE) program, the Federal Reserve graciously bought $1.25 trillion […]
This video’s a doozy – Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Further reading: Demand for US Treasuries Poor in Latest Auction How Bad Will the Financial Crisis Get? […]
It’s the magnitude of Fed manipulation with the money supply…so would it shock you to learn the stimulus ratio has been clocking historic highs over the past 12 months? I’d recommend you check out this insightful article written by Paul Kluskowski, where he defines the stimulus ratio as the ratio of long-term rates to short-term […]
Looking for a contrarian indicator you can take to the bank? Look no further than our faithful Fed Chairman Ben Bernanke. In this guest piece, the folks at Casey Research revisit Big Ben’s Greatest Hits, while casting an eye towards investment opportunities that arise from taking the opposite of Ben’s words at face value. When […]
Yesterday, the US Federal Reserve announced it will buy up to $300 billion of US long-term Treasury securities over the next 3 months. Where will the Fed get that money? It will essentially create it out of thin air – also known as “printing money.” Shockingly the markets did not like this announcement from the […]
Recent Comments