A new St. Louis Fed analysis shows the wealth of areas in financial distress deteriorated from 2015 to 2018, reversing a pattern of gains that had started in 2010.
Read more...The latest round of debate on what the Fed might do down the road.
Read more...Interest rates are a poor substitute for fiscal spending and as we’ve seen, over-reliance on monetary policy produces speculative booms and busts. More and more people recognize this formula isn’t working, but what will it take to change course?
Read more...A report from the U.S. central bank cautions that rising temperatures and extreme storms could eventually trigger a financial collapse.
Read more...Debunking some arguments against MMT by explaining why the US Treasury can’t run out of money.
Read more...A look at the history of the rise in inequality in the US.
Read more...Not surprisingly, given economic weakness in Europe and China plus Trump trade war saber-rattling, the Fed seems less gung ho about the health of the economy than it was last summer.
Read more...Central bankers pursue a “neutral” rate that doesn’t exist.
Read more...What will the Fed do next, now that investors have finally started to react to its tightening of monetary policy, after years of somnolent money-making?
Read more...Concerns are building over the extent of leveraged lending, among regulators and politicians and the private sector alike. Some, such as Sen. Elizabeth Warren see troubling signs that recall risks that triggered the Great Financial Crisis.
Read more...Clearing up fundamental misconceptions about US Treasury bond issuance.
Read more...Who will feel the pain first in the coming credit squeeze?
Read more...Mr. Market was very edgy yesterday. Will he recover his chipper mood today or fall into a deeper funk?
Read more...This is Naked Capitalism fundraising week. 551 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser and […]
Read more...Why Trump’s trade deals could wind up being a negative for employment.
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