The Cycle
Tim Iacono, proprietor of themessthatgreenspanmade, on "The Bernanke Cycle" > Federal Reserve cuts interest rates Equity...
Quote of the Day: Malpass (WTF?) on the Dollar
In the WSJ Op-ed section today, David Malpass seems to be having a hard time figuring out why the Greenback is in trouble. He’s our...
Quote of the Day: That’s Not a Central Bank . . .
The US Federal Reserve is the only central bank in the world that makes policy based on core inflation. I find this beyond irresponsible...
Crude Oil = $98; Gold = $845
The Fed recklessly abandons their price stability mandate, and this is what it has wrought: Dollar at record lows, oil and gold near all...
Quote of the Day: The Xera
Rhymes with Lira, sounds like zero! Via Bill Fleckenstein, comes this new name for the dollar — the Xera! Introducing the...
CRB Index, ex-Food and Energy
Several people (Muckdog, amongst others) think there is very little "core" inflation. Putting aside the absurdity of ignoring...
Would You Like That All in Money?
Too funny: Source: Bruce Eric Kaplan Cartoonbank.com The New Yorker October 2007
Oil at $96, Gold at $800 (Fed belatedly worried about inflation)
Everybody loves an easy bartender, pouring generous drinks, filled with lots of alcohol. No one likes the hangover the next day. Which is...
Quote of the Day: Wall Street Tantrums
>This is brilliant:> "It’s like monetary policy is being affected by the tantrums of Wall Street As every parent...
Fake Fed Statement Generator
While we await the Fed statement, my friend Paul, who has been stuck somewhere in Canada, has created the "fake Fed Statement...