Booms and Busts
Displaying 111 - 120 of 1730
Fed Forecasts: Financial Sport or Costly Distraction?
Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.
Diving Deeper into the Fed’s Trillion Dollar Loss
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency.
Bank CEOs Have Their Heads in the Clouds
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
How the Fed Undermines Prosperity
The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.
Why Must Supply Precede Demand? Understanding Economic Foundations
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
How To Prevent the Boom-Bust Business Cycle
Fractional reserve banking allows the Federal Reserve to manipulate the money supply, leading to booms and busts. Central banking is not a defense against business cycles; it is a major cause of them.
Welcome to the Twenty-First Century American Bankruptcy Show
As the US economy sours, look for a wave of new bankruptcies. The Fed cannot pull any rabbits out of its monetary hat this time.
Fed Forecasts: Financial Sport or Costly Distraction?
Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.
Bank CEOs Have Their Heads in the Clouds
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
