Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself.
Articles: quantitative easing (10)
It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.
The global deflationary wave we have been tracking since last fall is picking up steam.
As oil prices continue to fall, a strange phenomenon is making its presence felt across Europe: deflation.
Don't worry. It's not complicated. I offer a simple explanation for the recent fall in oil prices in just two charts.
In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen” series) where I predicted that Light Tight Oil (LTO) extraction from Bakken in North Dakota would not move much above 0.7 Mb/d.
If oil is “just another commodity,” then there shouldn’t be any connection between oil prices, debt levels, interest rates, and total rates of return. But there clearly is a connection.
The Full Employment Act of 1946 declared full employment to be a major goal of U.S. policy.
Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circulating money supply. It merely cleans up …
We are far enough and deep enough into the most heroic monetary and fiscal efforts ever undertaken to finally ask, why aren't these measures working? Or at least we should be. Oddly, many in DC, on Wall Street, and the Federal Reserve continue to steadfastly refuse to include anything in …