Public Archives
by
Gregor Macdonald
The Federal Reserve is probably not ready to take the aggressive plunge into Nominal GDP Targeting, but it likely will.
Such a policy, which received wider attention during Ben Bernanke's Congressional questioning last year and was also highlighted this year in a paper delivered at the Jackson Hole conference (Woodford, opens to PDF), has not caught any visible traction with Washington policy makers possibly because it’s seen as either too radical, or simply too new.
However, after four years of broad reflationary policy (and another year to come) failing to meaningfully spur U.S. employment growth, the Fed may be willing to try such measures by late next year, 2013.
The War Between Credit and Resources
by Gregor MacdonaldThe Federal Reserve is probably not ready to take the aggressive plunge into Nominal GDP Targeting, but it likely will.
Such a policy, which received wider attention during Ben Bernanke's Congressional questioning last year and was also highlighted this year in a paper delivered at the Jackson Hole conference (Woodford, opens to PDF), has not caught any visible traction with Washington policy makers possibly because it’s seen as either too radical, or simply too new.
However, after four years of broad reflationary policy (and another year to come) failing to meaningfully spur U.S. employment growth, the Fed may be willing to try such measures by late next year, 2013.
by
charleshughsmith
A year ago, in the wake of then-announced additional monetary easing measures by the Federal Reserve (which since sent stock prices on a rocket ride for the next nine months), many of our readers feared a major decline in the dollar was imminent. To add some balance to our site content, we asked Peak Prosperity contributing editor Charles Hugh Smith to argue the case for a strengthening dollar. He graciously accepted, and in the year since writing Heresy and the US Dollar, America's currency has strengthened notably vs. its fiat counterparts. Now, after the Fed's announcement of QE3 (plus), many of us are girding once again for dollar weakness. So we've invited Charles to once again play devil's advocate.
The Siren Song of 'Beautiful Deleveraging'
In a world of rising sovereign debts and an overleveraged, over-indebted private sector, history suggests there are only three possible ways out: gradual deleveraging, defaulting on the debt, or printing enough money to inflate away the debt.
Welcome to the Era of ‘Ugly’ Inflation
by charleshughsmithA year ago, in the wake of then-announced additional monetary easing measures by the Federal Reserve (which since sent stock prices on a rocket ride for the next nine months), many of our readers feared a major decline in the dollar was imminent. To add some balance to our site content, we asked Peak Prosperity contributing editor Charles Hugh Smith to argue the case for a strengthening dollar. He graciously accepted, and in the year since writing Heresy and the US Dollar, America's currency has strengthened notably vs. its fiat counterparts. Now, after the Fed's announcement of QE3 (plus), many of us are girding once again for dollar weakness. So we've invited Charles to once again play devil's advocate.
The Siren Song of 'Beautiful Deleveraging'
In a world of rising sovereign debts and an overleveraged, over-indebted private sector, history suggests there are only three possible ways out: gradual deleveraging, defaulting on the debt, or printing enough money to inflate away the debt.
by
Adam Taggart
by
Chris Martenson
During the height of the 'Goldilocks economy' of the mid-1990s, Mat Stein wrote When Technology Fails: A Manual for Self-Reliance, Sustainability, and Surviving the Long Emergency, a master compendium of do-it-yourself preparation skills.
Fast-forward to today's Great Recession, drought-stricken, $100+ oil, post-Katrina, post-Fukushima world — many are realizing the prudence of taking basic precautionary steps to reduce their vulnerability to whatever the future may bring. Whether you're concerned about the fallout from a breakdown of today's weakened global economy, or simply want to be better able to deal with the aftermath of a natural disaster if you live in an earthquake/hurricane/flood/wildfire/tornado-prone part of the world — the personal resiliency measures Mat recommends make sense for almost everyone to consider.
Matthew Stein: How Prepared Are You?
by Chris MartensonDuring the height of the 'Goldilocks economy' of the mid-1990s, Mat Stein wrote When Technology Fails: A Manual for Self-Reliance, Sustainability, and Surviving the Long Emergency, a master compendium of do-it-yourself preparation skills.
Fast-forward to today's Great Recession, drought-stricken, $100+ oil, post-Katrina, post-Fukushima world — many are realizing the prudence of taking basic precautionary steps to reduce their vulnerability to whatever the future may bring. Whether you're concerned about the fallout from a breakdown of today's weakened global economy, or simply want to be better able to deal with the aftermath of a natural disaster if you live in an earthquake/hurricane/flood/wildfire/tornado-prone part of the world — the personal resiliency measures Mat recommends make sense for almost everyone to consider.
Total 1591 items
by sand_puppy 
