bubbles


Do Central Bankers Know a Bubble When They See One?

By Peter Schmidt Mises Institute January 3, 2017   Do Central Bankers Know a Bubble When They See One?   Between 2000 and 2008, two of the largest financial bubbles in history — in technology stocks and housing, respectively — suffered spectacular collapses. Opinions vary, but some market commentators believe at the peak of the tech bubble, total stock […]

Do Central Bankers Know a Bubble When They See One?

Raising Rates Reflect Bigger Debt Not Faster Growth

The Punch Bowl Stays

By Peter Schiff Euro Pacific Capital June 9, 2015   The Punch Bowl Stays   It is well known that I don’t think much of the ability of government officials to correctly forecast much of anything. Alan Greenspan and Ben Bernanke have made famously clueless predictions with respect to stock and housing bubbles, and rank and […]


Hourglass

More Taxes and Tuition Buy Time for the Pension Bubble

Against Crony Capitalism   More Taxes and Tuition Buy Time for the Pension Bubble     By Ed Ring, executive director, California Policy Center   “The ‘recovery’ is largely an illusion created by the effects of zero percent interest rates, quantitative easing, and deficit spending. The asset bubbles that have been created as a result […]


Alan Greenspan: Still in the Dark

Source: http://mengercenter.org By Paul-Martin Foss   Alan Greenspan: Still in the Dark   Former Federal Reserve Chairman Alan Greenspan is coming out with a new book this fall. The title of the book, “The Map and the Territory”, is as descriptive of the book’s subject material as Chairman Greenspan’s Congressional testimony always was of the […]

Greenspan

2010 Flashback: Ron Paul Questions Geithner on Austrian Business Cycle Theory

  Source: http://www.economicpolicyjournal.com By Robert Wenzel 2010 Flashback: Ron Paul Questions Geithner on Austrian Business Cycle Theory   Ron Paul: So my question is, are you familiar with the explanation of the Austrian economists, of the business cycle, how bubbles are formed and what we should do, and you shake your head yes, and if […]


Malinvestment: “Today’s asset bubbles in stocks, junk bonds, housing, art, bat guano futures, etc. are being driven by the Federal Reserve”

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Malinvestment: “Today’s asset bubbles in stocks, junk bonds, housing, art, bat guano futures, etc. are being driven by the Federal Reserve”     Malinvestment is a very important concept to understand. It simply means the allocation of capital in ways which appear to be (and may be) rational in […]


Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!

  Source: http://www.lewrockwell.com By David Stockman David Stockman’s Contra Corner Janet Yellen’s Bathtub Economics: Excuse Me Doctor—There’s Bubbles In That Tub!   Some people are either born or nurtured into a time warp and never seem to escape. That’s Janet Yellen’s apparent problem with the “bathtub economics” of the 1960s neo-Keynesians. As has now been apparent for decades, the […]


10 peaking megabubbles signal impending stock crash (?)

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino 10 peaking megabubbles signal impending stock crash (?)     It’s been an interesting if not fun ride up in the markets. Through a 6-year economic slowdown stock markets have rallied and rallied and rallied. Everyone assumes that the Fed is backstopping the market, that it has to for […]


No Janet Yellen, The Economy Is NOT “Getting Better”

  Source: http://theeconomiccollapseblog.com By Michael Snyder No Janet Yellen, The Economy Is NOT “Getting Better”   On Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that “the economic recovery gained greater traction in the second half of last year” and that “substantial progress has been made in restoring the economy […]


The Case of the Missing Recovery

  Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts The Case of the Missing Recovery   Have you seen the economic recovery? I haven’t either. But it is bound to be around here somewhere, because the National Bureau of Economic Research spotted it in June 2009, four and one-half years ago. It is a shy and […]


After the Taper: The Fed’s Non-Plan Is Unchanged

  Source: https://mises.org By Frank Hollenbeck After the Taper: The Fed’s Non-Plan Is Unchanged   As an economist, it is getting more difficult to understand the logic underlying current monetary policy in the U.S. There are two main channels by which economists think monetary policy can influence growth and employment. The first is to lower […]