student loans

Granularity To Economic Disobedience

By |2014-03-05T15:47:05-05:00March 5th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

I wrote a few weeks back about the college debt bubble, not solely as it relates to the financial imbalances evident in that, but rather how such monetary flow truly and sharply malforms the economic system. Orthodox theory posits that monetary policy is neutral over the long run, thus short run intervention, even extreme applications, is more than acceptable. That [...]

There’s That Word Again

By |2013-05-15T10:36:13-04:00May 15th, 2013|Economy, Federal Reserve/Monetary Policy, Markets|

The Federal Reserve on a few separate occasions, as I noted late last week, has begun to peremptorily quash the growing use of the loaded word “bubble”. From academic papers to Fed speeches, US monetary policymakers want to make sure that investors and the public know they are watching for them though they have yet to appear. Vigilance is paired [...]

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