Watch This Speech: How The Economy And Financial Markets Really Work Today
Posted June 6, 2020
If you want to understand how the economy really works today and the forces driving the financial markets in the 21stCentury, watch this presentation I
Tag Archives: Federal Reserve
28 Days (and $1.8 trillion) Later
Posted April 12, 2020
During the last four weeks, the Fed has prevented the complete collapse of the US economy by creating $1.8 trillion. It has used that new money
Life During Wartime Part Two
Posted March 27, 2020
The Senate passed a $2 trillion stimulus bill this week. That is not going to be enough. The new Macro Watch video, uploaded today, considers
Interview: How To Prevent A Depression
Posted March 19, 2020
This is the most important interview I have ever given. Listen to it now. The global economy is being crushed by the Coronavirus. Chaos reigns
Household Wealth and Fed Policy
Posted December 19, 2019
Business Investment is weak in the United States despite the recent large corporate tax cuts. Household Consumption, however, is holding up. Relatively strong Consumption has
Quantitative Easing Round Four
Posted October 12, 2019
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.
Seigniorage: Simple, Short and $1.7 Trillion Sweet
Posted May 9, 2019
The new Macro Watch video describes the enormous windfall profits the US Government and, therefore, US taxpayers earn as the result of Seigniorage every year.