by Andrew Moran | Aug 19, 2020 | Articles, Business News, Economic Affairs News, Politics, Social Issues
The way the U.S. government and the Federal Reserve have responded to the economic fallout of the Coronavirus pandemic has been something out of a Marx Brothers skit. Groucho aptly described the art of politics when he quipped, “Politics is the art of looking for...
by Andrew Moran | Aug 9, 2020 | Articles, Columns, Economic Affairs News, Politics, Social Issues
The Federal Reserve is poised to bring inflation to the United States, no matter what. The U.S. central bank seems intolerant of any signs of deflation, promising to turn on the printing presses and keep interest rates at historic lows for years to come. Over the next...
by Andrew Moran | Jun 14, 2020 | Articles, Columns, Economic Affairs News, International, Politics, Social Issues
Inflation Nation There is no inflation if you do not eat food, live under a roof, or seek medical care. The U.S. government claims that there is no increase in prices, except for things that consumers are buying. That sounds like something Keynesian goddess Paul...
by Andrew Moran | Mar 29, 2020 | Articles, Business News, Economic Affairs News, Taxes
The big bazookas have been fired, the printing presses are running overtime, and the addicts on stock exchanges all over the world have received their narcotic injections to stay afloat until their next fix. Global institutions have shown the cards they had meant to...
by Andrew Moran | Dec 11, 2019 | Articles, Economic Affairs News
Did you miss the days of reckoning on Wall Street in mid-September? You may have heard in passing about a crash in the repo market when rates skyrocketed from 2% to as high as 10%, and the fed funds rate jumped five basis points above its target range. Why does it...