Janet Yellen and her colleagues are facing a difficult predicament. If the Fed does not tighten monetary policy, then a destabilizing asset price bubble could
Richard Duncan
Recent Posts by Richard Duncan
We are now entering a very dangerous period for asset prices and the global economy. The Fed plans to drain more than $1 trillion of
A Monetary Revolution began when Money ceased to be backed by Gold in 1971. Since then, central banks have taken over the management of the
Over the last nine years, since the crisis of 2008 began, a revolution has occurred in the way in which government policymakers manage the economy
The Fed intends to reverse Quantitative Easing beginning later this year. That is a very bad idea that could inflict severe damage on the economy