Daily Archives: April 13, 2015

The Fed Has Bet the Financial System on Misguided Theories

The Fed has bet the financial system on academic theories, that upon close inspection defy even basic common sense. One could easily write a multi-volume set of books on the Fed’s mistakes. However, in its simplest rending, the biggest flaw … Continue reading

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Are Stocks Heading For a 1929-Type Crash?

In the early 2000s, Alan Greenspan was worried about deflation. So he hired Ben Bernanke, the self-proclaimed expert on the Great Depression from Princeton. The idea was that with Bernanke as his right hand man, Greenspan could put off deflation … Continue reading

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