By: Jeff Deist Do central bankers really think negative interest rates are rational? “Calculation Error,” which Bloomberg terminals sometimes display1, is an apt metaphor for the current state of central bank policy. Both Europe and Asia are now awash in $13 trillion worth of negative-yielding sovereign and corporate bonds, and Alan Greenspan suggests negative interest rates soon […]
Archives for September 2019
WATCH: Battle for the soul of the Libertarian Party – Mises or GOP-lite?
Scott Cosenza, the legal affairs editor at Liberty Nation, recently attended the Soho debate forum between Libertarian Party head Nick Sarwark and comedian Dave Smith. But there was so much more about the debate that opened up a can of works. Now, it was no secret that small-l libertarians were not pleased with Gary Johnson […]
What’s next for the Federal Reserve after quarter-point rate cut?
Now that the Federal Reserve cut interest rates for the second time by 25 basis points to a target range of 1.75% to 2.00%, what is next for the United States central bank? From Wednesday’s statement, the dot-plot suggests that seven Fed officials anticipate one more rate cut this year. And the CME Group FedWatch […]
As FOMC meets will Federal Reserve launch QE4?
By: Andrew Moran Author Lewis Carroll wrote in Alice’s Adventures in Wonderland: “If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” Well, that […]
LOL: Another racist staffer revealed at New York Times
How will The New York Times defend this one? Probably with the fallacy that black people cannot be racist or some other asinine statement. Newsmax TV host John Cardillo revealed several tweets from newspaper fact-checker Gina Chérélus who issued a number of homophobic and racist tweets. Here is a thread that showcases these tweets: THREAD: […]