by Henry Oliner | May 23, 2015 | Economics
from John Mauldin’s Thoughts from the Frontline excerpts: The growth of an economy after a recession is the result of tens of millions of small and large businesses figuring out how to improve their lot. To credit a central bank and its monetary policy as the...
by Henry Oliner | May 2, 2015 | Economics
from John Mauldin’s Thoughts from the Frontline In a liquidity trap, the rules of economics change. Things that worked in the past don’t work in the present. Central bankers’ economic models, iffy in the best of times, become even less reliable. In fact they...
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 | Apr 21, 2015 | Economics
from John Mauldin’s Thoughts from the Frontline Central banks have proven that they can make money cheap and plentiful, but the money they’ve created isn’t moving around the economy or stimulating demand. It’s like a car. Our central banker can put the pedal to...
