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Richard Duncan

Recent Posts by Richard Duncan

The Repo Crisis and The Fed: Part 2

Monetary Policy is the government’s most important economic policy tool.  If you really want to understand how the Fed conducts Monetary Policy, you must understand the

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The Repo Crisis and The Fed

On September 16th, the interest rate in the overnight Repo Market shot up to nearly 10%.  It should have been below 2.25%. There was no shortage

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Quantitative Easing Round Four

A new round of Quantitative Easing began yesterday when the Fed announced that it would create $60 billion a month to buy US government securities.

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Expect More Rate Cuts

Credit Growth in the United States has been the most important driver of economic growth for decades, so it is important to monitor it closely.  If

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Interview: The Future Of Monetary Policy

I recently discussed the future of Monetary Policy with Hunter Thompson, the host of the Cash Flow Connections podcast.  It was an interesting and timely conversation.

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