by Andrew Moran | Aug 18, 2021 | Articles, Economic Affairs News, Good Reads, Opinion
Over the last 18 months, the Federal Reserve has injected nearly $5 trillion into Main Street and Wall Street by buying up Treasurys, scooping up corporate debt, and injecting liquidity into the economy. The U.S. central bank is now thinking about tapering its...
by Andrew Moran | Aug 1, 2021 | Articles, Economic Affairs News, Opinion
Is it morning in President Joe Biden’s America? If so, it might not be as sunny as the administration would hope. Indeed, it was a cloudy week on the economic data front, even with the world’s largest economy reopening in the aftermath of the coronavirus...
by Andrew Moran | Mar 8, 2020 | Articles, Columns, Economic Affairs News, Election 2020, Politics
Dumb Money Rules During the beginning stage of the massive sell-off that took place on the New York Stock Exchange, Coronavirus stocks were soaring to the moon. A whole host of penny companies that most people never heard of before had suddenly skyrocketed triple...
by Andrew Moran | Oct 13, 2019 | Articles, Columns, Economic Affairs News
Crank Up the Heat What the frack? The US Energy Information Administration (EIA) said in a new forecast that American households will once again witness lower energy bills this winter. That is one way to fight the snowy blues and gain the upper hand on that surly and...
by Andrew Moran | Sep 28, 2019 | Articles, Business News, Economic Affairs News, Politics
The social justice equivalents in monetary policy are Modern Monetary Theory (MMT) and quantitative easing (QE) for the people. Desperate to save face and be liked again, the outgoing chief of the European Central Bank (ECB), Mario Draghi, is trying to throw anything...