Tag: interview

Idiotic Proposals for Fed to Give Away Money
September 19, 2014 0

Idiotic Proposals for Fed to Give Away Money

By News Desk

A Fiscal Times, Yahoo Finance article by by John Grgurich claims that Instead of QE, Fed Could Have Given $56,000 to Every Household in America . Grgurich formulated his article after reading "an intriguing piece just published in Foreign Affairs, Brown University political economist Mark Blyth and London-based hedge fund manager Eric Lonergan argue the Fed could have done better by pursuing a far different type of grand policy experiment. " The "intriguing piece" is Print Less but Transfer More , Why Central Banks Should Give Money Directly to the People .

"Surprising" MH17 Crash Update
September 19, 2014 0

"Surprising" MH17 Crash Update

By News Desk

"Surprising" MH17 Crash Update Posted by Michael Shedlock at 9:33 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

ECB’s Targeted Lending Spree Starts Out As Flop; Modern Monetary Insanity
September 18, 2014 0

ECB’s Targeted Lending Spree Starts Out As Flop; Modern Monetary Insanity

By News Desk

Today the Financial Times reports ECB’s Lending Spree Short of Expectations . The European Central Bank’s first offer of cheap four-year loans has fallen short of expectations, dealing a blow to president Mario Draghi’s hope of sustaining the eurozone’s ailing economy by expanding the central bank’s balance sheet. Banks borrowed €82.6bn through the first of the ECB’s Targeted Longer-Term Refinancing Operations, or TLTROs, one of policy makers’ big ideas to revive the currency area’s recovery.

One Thing You Can Always Count On
September 17, 2014 0

One Thing You Can Always Count On

By News Desk

Sure enough, Valls wins confidence vote and vows to press on with France reform . France’s prime minister on Tuesday vowed to continue his reformist drive as he won a crucial confidence vote to strengthen his hand in efforts to restart the country’s faltering economy. Manuel Valls said restoring competitiveness was “indispensable†for reigniting growth yet he stopped short of touching the 35-hour working week or other closely held symbols of his Socialist party’s left.

Counting Sheep: French Government Faces Second No Confidence Vote in Six Months
September 16, 2014 0

Counting Sheep: French Government Faces Second No Confidence Vote in Six Months

By News Desk

Counting Sheep: French Government Faces Second No Confidence Vote in Six Months Second No Confidence Vote in Six Months In spite of the fact the Socialist party holds a majority of just 1 in the 577-seat lower house, French prime minister Manual Valls hopes to stabilize things with a Second No Confidence Vote in Six Months . Mr Valls could see a narrowing of his majority compared with the vote when he was first appointed prime minister at the end of March after a big socialist loss in local elections. Then he won by a margin of 306 votes to 239 against, with 26 abstentions.“Valls is politically and economically archaic