Saturday, 18 November 2017

Monthly Archives January 2011

The Federal Reserve’s Political Gamesmanship

Posted by Tom Duncan
January 5, 2011
in Blog

“Although the Federal Reserve would continue to pretend it is an independent entity, the fact is it has become another political wing of the federal government. If you did not think so, let’s juxtapose recent comments by Fed officials to real developments within the bond market. How so?” Read more.  The Federal Reserve’s Political Gamesmanship  […]

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“The Debt Inflation Cycle and the Global Financial Crisis”

Posted by Tom Duncan
January 5, 2011
in Blog

“Writing over 230 years ago, Adam Smith noted the ‘juggling trick’ whereby governments hide the extent of their public debt through ‘pretend payments.’ As the fiscal crises around the world illustrate, this juggling trick has run its course. This paper explores the relevance of Smith’s juggling trick in the context of dominant fiscal and monetary […]

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“Stop Accumulating Additional Debt, 2011 To-Do List”

Posted by Tom Duncan
January 4, 2011
in Blog

“Many people I’ve spoken with over the past 6 months or so have expressed extreme dissatisfaction with their individual and/or collective ability to affect change in government. Sure, there have been some small victories here and there, but by and large our biggest problems continue to rage on unabated. For quite some time I shared […]

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“Eurozone inflation soars to new high”

Posted by Tom Duncan
January 4, 2011
in Blog

“Eurozone inflation rose in June to its highest since the bloc’s 1999 formation, data showed on Monday as political opposition mounted to an expected European Central Bank move to raise its main interest rate this week. Prices were 4 per cent higher in June than a year earlier, twice as high as the ECB’s inflation […]

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“Dollar hits new high against greenback” – Australia

Posted by Tom Duncan
January 3, 2011
in Blog

“The Australian dollar reached the highest since the currency was freely floated in 1983 as US data spurred speculation global growth is gathering momentum, boosting demand for currencies with higher-yielding assets. The Aussie traded above parity with the US dollar for an eighth-straight day after copper prices climbed to record levels, boosting export prospects for […]

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“Rising Rates Reveal Debt Reality” – Pento

Posted by Tom Duncan
January 3, 2011
in Blog

“The Fed’s lucky streak of luring bond investors with low interest rates may be drawing to a close. Nevertheless, the extended period of low borrowing costs has bred a new breed of investor. To the bulls and bears, we can now add the ostriches – those who bury their heads in the sand of declining […]

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