From Newton to Bohr, Kasparov to Big Blue & from Keynes to No One
Too much faith is being placed in untested economic theories that may or may not work, or may or may not even be correct
The Taper That Wasn’t
The Fed is stalling for time and hoping that the economy will inexplicably roar back to life
Volume Triage
We think Tim Geithner (with Bill Dudley as an alternative) will take over the Fed when Ben Bernanke steps down next January, and it seems by all indications that the table is already being set.
The Bernanke Shock
The whole situation mirrors the late 1960s, during a period that led up to the «Nixon Shock.»
No pretense
There should be very little pretense among objective observers that last week’s perpetual QE announcement could actually provide real economic stimulation.
Fed’s QE3 – playing with fire
Risky assets continue to surge, turning a blind eye to the weakening global economy.
Promises, Promises
Draghi and Bernanke know that markets need to be talked up, and they continue to do so unapologetically.
BB Gun: A Critical Analysis of Ben Bernanke’s Lecture Last Week
A critical response by Chairman Bernanke would be welcomed…
¡No es dinero si no lo puedo imprimir!
El problema es que luchar contra la recesión a golpe de QE es como luchar con gasolina contra un incendio.
Bernanke Will Be Forced To Do QE3
I don’t believe the Fed will play «chicken» during an election year, and when things turn ugly they will announce QE3 and that will kick the can down the inflationary road.
Javier: 
Dante Montano: 
Economista Descubierta: 
