Tag Archives: Deflation

The inimitable Kyle Bass

By | July 5, 2021

Here’s a December 2011 snapshot from the inimitable Kyle Bass http://watch.bnn.ca/the-street/december-2011/the-street-december-13-2011/#clip584882 (sorry no embed for that one) Here’s another treat. Must watch for everyone who enjoys not being lied to. Unlike all other cheap talking heads, and know-nothing pundits who merely need a suit to make an appearance on one of the TV’s financial comedy… Read More »

The Bernank on 60 Minutes yesterday

By | July 5, 2021

Bernanke’s statement that unemployment is the biggest impediment to economic recovery is ironic, given that Bernanke’s policies have increased unemployment. See this and this. Harry Blodget notes that Bernanke implied that inequality is destroying America. Tyler Durden hones in on Bernanke’s statements that the economic recovery may not be self-sustaining, and that the Fed may… Read More »

Inflation or Deflation? "Yes," Says Chris Martenson

By | July 5, 2021

The Federal Reserve will announce it’s latest interest rate decision on Tuesday. Few are expecting the central bank to raise rates. Instead the attention, as it has been over the last year-plus, will be focused on the Federal Reserve’s wording. Will they signal another round of quantitative easing based on fears of deflation? The theme… Read More »

A Keynesian Ponzi Scheme

By | July 5, 2021

All Ponzi Schemes have at their core the fundamental mathematical precept of exponents. That is, the growth of the scheme requires ever-greater numbers of “things” (people, credit dollars, etc) to participate, because the exponential function of growth lags the exponential function of cost. Read Karl Deninger’s full explanation here…

Prepare for 'monster' money-printing by the Fed

By | July 5, 2021

As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve. Entitled “Deflation: Making Sure It Doesn’t Happen Here“, it is a warfare manual for defeating economic slumps… Read More »