Off topic, but with all this recent incessant non-stop chatter about CPI and expectations - some may recall the proposed introduction of a CPI futures contract in the 90s (?). I am not sure if anything happened, but in any event, they got it wrong. ...

Why we shouldn't be so worried about runaway inflation in the US

A bit like Tom Cruise jumping on Oprah's couch?

Fed’s Clarida: Don't Expect To Lift Rates Until Our Conditions Met – BBG TV

Yes, I've seen the movie "Being There" as well. Its a little slow and drawn out, but there is Peter Sellers and Shirley MacLaine. Others have noticed similarities between advice provided like this and that of Chauncey Gardiner. url

Major economies should inject 'significant' support for global economy: Yellen

Yes. There is one clever way around avoiding this, and its been around for quite a while and by all reports is very successful - micro loans. They go straight to the community (however defined) for a specific purpose. Avoids money passing through ...

Major economies should inject 'significant' support for global economy: Yellen

Its probably just me, but I think that whatever it says is the opposite of what is actually good public policy.

Major economies should inject 'significant' support for global economy: Yellen

" Our tax revenues are already at their lowest level in generations, and as they continue to drop, the country will have less money to invest in airports, roads, bridges, broadband, job training, and research and development." Thankyou for stating ...

A Better Corporate Tax for America

Just a week or so ago I was reading how the Fed has already significantly tapered its QE from last year when it was buying all manner of rubbish that came down the drainpipe. Now its much more focused buying. I guess they mean tapering the buying of ...

Minutes of the Federal Open Market Committee

In constitutional monarchies this is a virtue. The less that the Head of State actually does (although they do have significant reserve powers), the better.

Biden says he has not spoken with Fed Chair Powell

"He's Very Confident Fed Will Be Adjusting Policy If See Too-High Inflation" Like Mr Volcker oversaw Fed rates at 20% to snuff out inflation? That's what it takes, boys and girls.

Fed's Evans: high home costs are partially due to a shortage of availability

"They" want inflation. Lots and lots. For reasons.

Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid

And so says Mr Goldman Sachs. The fox in charge of the chicken pen.

Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid

Conspiracy moment - I sometimes wonder whether the elites make things broke deliberately. To provide them with an excuse for proposing "reforms" that would be otherwise unacceptable to most people and countries if things were not broke. Watch this ...

Biden says he has not spoken with Fed Chair Powell

That's twice you have quoted the 1.9020 level. Why? Please explain.

Yellen: US decided to go big with covid-19 relief measures given concern about longer-term...

Its a bull market like we don't see very often. So of course investment banks and hedge funds are expected to go bust, aren't they? I have DVD of the movie The Big Short which I watch occasionally when I forget that children wearing suits are in ...

Credit Suisse takes $4.7 billion hit from Archegos hedge fund scandal; execs step down

Is anything in reserve for (say) some geo-political confrontation? edit - nearly forgot - bailing out a handful of banks?

Yellen speech confirms that the U.S. is back on the world stage

Nothing is so crazy that it can't be made into a government policy. Like providing $174 billion for electric vehicles. $213 billion for "green" homes. $300 billion in manufacturing subsidies. Just part of the 2.3 billion "infrastructure" spend, ...

Janet Yellen: This week's IMF and World Bank meetings will be a 'Bretton Woods' moment for the...

Why doesn't it make sounds about addressing America's domestic problems before projecting its emotional issues onto other countries which want absolutely nothing to do with America's crumbling empire?

Janet Yellen: This week's IMF and World Bank meetings will be a 'Bretton Woods' moment for the...

April fools day was a few days ago.

Janet Yellen: This week's IMF and World Bank meetings will be a 'Bretton Woods' moment for the...

Only wealthy countries. Therefore the Yellen has to work. Or rather, pretend she is working by opening her mouth and making sounds that may be interpreted as words.

Yellen says US has fiscal space to afford Biden infrastructure plan

In the Peoples Democratic Socialist and Revolutionary Utopian Republic of the Kingdom of Lloyd corporate tax rates will be decreed to be zero percent. Yellen, who is this person Yellen? Can it be swatted as one would with an annoying fly?

Yellen calls on other nations to avoid early fiscal tightening