Despite the overwhelming evidence that money printing doesn’t work, the Eurozone overlords will to do it anyway.
The Daily Capitalist
Select articles on economics and financial markets from The Daily Capitalist. Truman Factor features select articles by The Daily Capitalist's authors in English and in Spanish.
The Scarlett O’Hara Approach To Solving The Eurozone Crisis
It is highly likely that the Germans’ resolve against money printing will dissolve in the face of panic.
Fragile Things Have A Tendency To Break
Will German guilt overcome German fiscal responsibility? Will France give up control over its own budget to accept Germany’s demands?
Why The ECB Will Print
Never underestimate a desperate central bank’s willingness to print.
OECD Leading Indicators – Reliable?
OECD Leading Indicators – Reliable?
Obama, The Buffett Tax, And Economics
If there is one thing that would harm the economy right now it would be higher taxes on those who create jobs.
Why Obamacare is “the Most Important Case” in 50 Years
A Reason.tv interview with the Pacific Legal Foundation’s Timothy Sandefur on the issues at hand in Department of Health and Human Services v. Florida.
Inflation: An Expansion of Counterfeit Credit
Inflation is not rising consumer prices. One can’t understand much about the monetary system from inside this box.
The Benefits Of The Eurozone
The ECB doesn’t print money and monetize sovereign debt of member states. While they have done some of this, there seems to be political resistance to debt monetization, mainly from Germany and France. They better make sure it continues that way.
Wall Street Protesters: You are Looking In The Wrong Place
You folks are demonstrating your anger at “Wall Street” for our problems. You blame “Wall Street” and the “corporations” and “greed” for the Great Recession. You are looking in the wrong place.
Greece, The Eurozone, Uncertainty = Nervous Markets
The market is betting that Greece will default –soon.
The Eurozone Debacle: They Ate The Golden Goose
It is apparent that some of the PIIGS will default, maybe all of them.
The Euro 1999 – 2012 R.I.P.
A bailout of Italy would cost the EU another €500 or €600 billion. Spain would be another €300 billion. Why would Germany and France want to do that?
How the Fed crashed the MBS market
A curious thing happened in the RMBS and CMBS markets (ABX) this Spring: it crashed and ultimately recovered only somewhat (at least for the super senior tranches).
Greece Is Europe: The Failure Of The Euro (Part II)
There are two ways out of this mess: default or monetary inflation.
Greece Is Europe: The Failure Of The Euro (Part I)
How the EMU works, why it is failing, and why they will resort to fiat money printing to solve it.
The Bilderberg conspiracy unmasked
The reason that there is no vast conspiracy is because “They” don’t need one.
Slow pace of bank failures holding back recovery
While I am not an advocate of more government intervention, quicker FDIC action and a similar RTC solution would go a long way to speeding up a recovery.
Poor People Control 61 percent of World’s Wealth
History has shown that the freer the economy, the more widely wealth is distributed.
