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helicopter money

OK NYMEX, Beginning To Notice The Fine Print?

By |2021-03-23T17:37:08-04:00March 23rd, 2021|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Is it a building case of/for selling the news? Another substantial down day in the oil market brings the total slide to just more than 13% (since March 5). Hardly anything earth-shaking on its own, not with the WTI front month futures contract gaining an impressive 85% since the end of October. During those four and a half months, the [...]

The Helicopter Has Already Been Tested And, Surprising Nobody But Economists, It Failed Spectacularly

By |2016-07-19T11:42:21-04:00July 19th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Most of what passes for modern monetary policy is nothing more than one assumption piled upon another (and then another, and so on). Taken for granted for so long, rarely are these unproven precepts ever challenged to justify themselves to the minimal standard of internal consistency, let alone prove discrete validity by parts. The latest is “helicopter money”, another sham [...]

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