John Maynard Keynes in his 1936 book, ‘The General Theory of Employment, Interest and Money,” argued aggregate demand was too volatile to be stable and...
One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together...
In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending...
Ever since 1927, when the Federal Reserve lowered interest rates in a failed attempt to help Europe, which still ended up defaulting in 1931, Keynesian economics...
This is the very essence of a financial crisis. Despite the fact that Trump cheered the Fed and they cut rates to ZERO, the risk was what would happen if the market...
QUESTION: The Fed buying $60 billion in T-Bills each month is obviously not long-term QE. They are expanding their balance sheet, but this is clearly not the QE as...
QUESTION: Marty; The goldbugs are back and claiming the Repo Crisis is MMT and this is again just printing money endlessly to cover up a major banking crisis in the...
The central banks are keenly aware that they cannot stimulate economic growth, although they will not state that publicly. The wheel of fortune has completed its...
QUESTION: Hi Martin I recently stumped upon a documentary on Netflix about you and your model. I then went on and watched some YouTube videos. To me it makes...
A number of people have asked me to comment on Bloom’s speech on the floor of the European Parliament. He is incorrect in attributing the insolvency of...