by Andrew Moran | Oct 23, 2020 | Articles, Business News, Economic Affairs News, Good Reads, Politics, Social Issues
Is it a punishment to be a saver in today’s economy? A buck buys a nickel’s worth, your bank pays you pennies on the dollar for your deposits, and the only way to beat inflation is to dive into the stock market. This is not normal. For more than a decade, the central...
by Andrew Moran | Jan 9, 2020 | Articles, Economic Affairs News, International
In 2015, Sweden’s central bank – the Riksbank – announced that it would introduce subzero interest rates to stimulate the economy and boost inflation. Other jurisdictions followed suit, including Switzerland, Denmark, and the eurozone. After five years of running a...
by Andrew Moran | Nov 18, 2019 | Articles, Business News, Economic Affairs News, International, Politics, Social Issues, Trade
As Lewis Carroll wrote in Alice’s Adventures in Wonderland – which has turned out to be a handbook for central banks to devise monetary policy and the public to understand it – “If you drink much from a bottle marked ‘poison’ it is certain to disagree with...
by Andrew Moran | Oct 9, 2019 | Articles, Business News, Economic Affairs News, Politics
By now, it is clear that the first ten people or the last ten listed in the Yellow Pages would have a better clue on monetary policy than the current suits at the Federal Reserve. This means Aaron A. Aaronson or Zya Zion Zuriel could oversee interest rates and the...
by Andrew Moran | Sep 11, 2019 | Articles, Business News, Economic Affairs News, International, Politics, Trade
Ever since the yield curve inversion and several disappointing economic reports, the mainstream media have declared repeatedly that the United States is due for a recession. Of course, they are pushing openly for a downturn just to hurt President Donald Trump’s...