5 min read
Nine Percent of GDP Fiscal, Ha! Try Forty
Fear of the ultra-inflationary aspects of fiscal overdrive. This is the current message, but according to what basis? Bigger is better, therefore if
Tag : Fiscal Spending
5 min read
7 min read
They’ve Gone Too Far (or have they?)
Between November 1998 and February 1999, Japan’s government bond (JGB) market was utterly decimated. You want to find an historical example of a
8 min read
The Summer Slowdown Collides With The Summers Acceleration Theory
You’d think Larry Summers would know better. Not that he stepped in it, again, but rather why he did this particular time. Making a big deal out of
6 min read
Anesthesia
Europeans are growing more downbeat again. While ostensibly many are more worried about a new set of restrictions due to (even more overreactions
7 min read
What Would The Hole Be Without The ‘L’?
It’s a pretty simple question, at least when asked by a member of the American citizenry not already compelled by one bias or another. Did the
7 min read
Getting A Sense of the Economy’s Current Hole and How the Government’s Measures To Fill It (Don’t) Add Up
The numbers just don’t add up. Even if you treat this stuff on the most charitable of terms, dollar for dollar, way too much of the hole almost