Not PC

Guest post by Detlev Schlicter A new meme is spreading in financial markets: The U.S. Federal Reserve is about to turn off the monetary sp...

Guest post by Detlev Schlicter Last Friday, I participated in a short debate on BBC Radio 4's Today program on the future direction o...

Guest post by Detlev Schlicter The publication earlier this week of the Federal Reserve’s Federal Open Market Committee minutes of Jan. 29...

The world is full of monetary cranks.  Russel Norman is one of them. If the Reserve Bank were to go out and print $2 billion of new money,...

Labour Finance Spokesman David Parker still talks about giving the Reserve Bank “other targets” than just leaning against inflation. He’d li...

Bernanke’s QE3 moonshot last week--a promise to pour $50 billion a month of money created out of thin air into US mortage markets until so...

In case you hadn’t noticed, the world’s largest economy is having its lifeblood sucked out of it. Between now and 2014 the US Federal govern...

Morons like Bernard Hickey have been beating the drum for our Reserve Bank to do what every other Reserve Bank in the world has been doing: ...

Despite conventional wisdom, government bonds are not a good investment. The endgame for government bonds is either default or default—eithe...

I’m pinching this idea from Craig Ranapia , who pinched it from the “ Shelf Life ” feature from The Spectator ’s Book Blog . 1) What are y...

What good do these economists expect to come out of European Central Bank debt monetization? Do they really believe that ...

The Governor of the Bank of England says the world is facing the worst financial crisis since at least the 1930s “if not ever.” A crisis, h...

“Most sovereign states are bust and so are the banks, which are today a protectorate of the state and have repaid the generosity ...