by Henry Oliner | Aug 21, 2016 | Business, Economics
So there we have it. The unicorn buyer of last resort will be the Fed. The “lender of last resort” for the financial system, the governmental guarantor for all the big banks and other “systemically important financial institutions,” the backup reinsurer for windmill...
by Henry Oliner | Jan 21, 2016 | History, Politics, Progressivism
Henry Oliner 2016 01 21 In the campaign leading up to William McKinley’s campaign of 1896 the two hottest topics in political debate was tariffs and currency. Consider them as prominent as health care and immigration are today. Tariffs and currency were the litmus...
by Henry Oliner | Apr 30, 2015 | Economics
from John Mauldin’s Thoughts from the Frontline excerpts: By encouraging a reach for yield in riskier investments because interest rates are abnormally low, the Fed has created an environment in which far more risk is being taken than is normal and healthy. It...
by Henry Oliner | Oct 1, 2011 | Economics, Politics, Taxes
More than few from the opposition have criticized corporations for sitting on too much cash. Companies are not in the cash holding or cash management business. Especially in today’s environment of near zero return on short term holdings, one should ask why the...
by Henry Oliner | Sep 10, 2011 | Economics
Scott Grannis writes in his blog Calafia Beach Pundit (highly recommended) – Money Supply and Panic Update – 9/9/11. Excerpt: And what does all this tell us? One: If the supply of dollars is not rising faster than the demand for dollars, then this is not...
