Tag Archives: Federal Reserve

Jim Grant on How the Fed has Done

We have been following Jim Grant for years. When most, including Buffet, talk about how great of a job the Fed has done post-2008, Grant takes a larger view. He sees the Fed as a group that distorts market signals … Continue reading

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Jeremy Grantham on scarce resources

Highlighted by one of our readers, this WSJ interview with famed investment strategist Jeremy Grantham is worth reading. Grantham talks about bubbles, the Fed pushing investors into more assets and the potential challenges from a lack of phosphates, potash and … Continue reading

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Baby Boomers trapped between a rock and a hard place – 2 Updates

We are 62, our home is worth less than our mortgage, our retirement accounts have lost 35%, we are at retirement age with no ability to retire.  Our jobs are at risk, and the cost of living is escalating. This … Continue reading

Posted in Asia, China, Civil Disobedience, Debt, Economics, EU, Fragile Markets, Geoff Yuen, Government, Monetary, Philosophy, Politics, USA | Tagged , , , , , , | Leave a comment

Too ‘Bigger’ to Fail

Probably the first or second day of an entry level economics course, it is taught that competition is good. Competition brings lower prices to consumers and generally a wider array of products to choose from. The Federal Trade Commission examines … Continue reading

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Currency Wars: Can a currency crisis be avoided?

Jim Rickards, author of Currency Wars, discusses currency devaluation with Mark Hutchinson and Rob Cox of Reuters. With the Euro getting pounded last week, you can bet some in the Fed are chomping at the bit to do QE3 and … Continue reading

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Peter Schiff on The ECB

“A monetary bailout is just a cowards way to default,” Investor Peter Schiff, the well-known gold bull, discusses the European Central Bank’s very probable interest rate reduction. Instead of pushing for fiscal reforms and responsible governance, the ECB, like the … Continue reading

Posted in Debt, Derivatives, Economics, EU, Geoff Yuen, Government, Government Sponsored Enterprise, John McClelland, Monetary, Philosophy, Politics | Tagged , , , , | Leave a comment

The mature Warren Buffett: Loan Shark to Fortune Global 500

Warren Buffett has transitioned from Investor to Loan Shark, a “pay day” loan source to the Fortune Global 500 Warren Buffett over a decade ago lamented that he could no longer provide the world-class returns of his first two decades … Continue reading

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Debt Ceiling Debate Meaningless: US Functionally Bankrupt

The US is functionally bankrupt, Debt Ceiling debate essentially meaningless This is the final weekend before Tuesday, August 2, 2011, the day US Treasury Secretary Tim Geithner says the US runs out of funds and must raise the Debt Ceiling. … Continue reading

Posted in Debt, Economics, Geoff Yuen, Government, Monetary, Philosophy, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment