Category: Quantitative Easing
The analysis published under this category are as follows.
Wednesday, July 07, 2010
Fed Audit Failure Lends Credence to QE Rumors / Interest-Rates / Quantitative Easing
By: Dr_Jeff_Lewis
Just last week, Congress had a critical piece of legislation before it. Congress, through House bill HR 1207, could pass the bill in its entirety with a simple majority vote, and it would be included in the Financial reform overhaul bill which is currently being pushed through Congress. Should the audit bill have been added to the financial reform legislation, upon passage, the books at the Federal Reserve would be opened for audit by the GAO – at which point every citizen, politician, and investor would know within six months the extent of the actions taken by the Fed over the past 97 years of pure secrecy.
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Tuesday, June 29, 2010
Four Reasons Why the Fed Will Try Quantitative Easing / Interest-Rates / Quantitative Easing
By: Dr_Jeff_Lewis
While we were led to believe that the Fed would begin tightening upon recovery, new fears of a double dip have sparked the Keynesian clan into moving in the opposite direction. Soon enough, we believe, a new quantitative easing program will be unveiled.
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Thursday, May 20, 2010
Bernanke’s Blackhawk Helicopter and the Global Currency-Trade War: DEFCON 2 / Currencies / Quantitative Easing
By: David_Knox_Barker
Chairman of the U.S. Federal Reserve Board, Ben Bernanke, is now famous for declaring his willingness to use a helicopter to dispense dollars to stop U.S. deflation. In the spirit of shock and awe, he promised the indiscriminate firing of dollars into the U.S. and global economy, without concern for friendly fire casualties. Granted, indiscriminate firing of dollars near innocent savers and trading partners is not friendly fire, but stick with this analogy, it gets better.
Wednesday, March 17, 2010
Will Fed "Soft Money" Create Hard Times for U.S. Economy? / Economics / Quantitative Easing
By: Money_Morning
Martin Hutchinson writes: For a U.S. president, nominating Fed governors is a little like nominating Supreme Court justices: Since they serve a 14-year term, you have the chance to shape the U.S. Federal Reserve for a decade after your administration ends. What's more - even though Fed governors are subject to confirmation by the U.S. Senate - you're far less likely to have trouble getting them through than you do with the Supremes.
Sunday, February 28, 2010
Printing Money to Pay Debts, Fast Track Way to End Our World / Economics / Quantitative Easing
By: LewRockwell
Richard Daughty writes: The proverbial boogeyman, the phrase “end of the world as we know it,” is not particularly significant to me because it is, literally, always true, because any progress at all, anywhere, means that tomorrow will never be like today, and so “the end of the world as we know it” can be extended to mean “and it will be better and better!”
Saturday, January 16, 2010
What Happens When the Fed Stops Quantitative Easing? / Interest-Rates / Quantitative Easing
By: John_Mauldin
When the Fed Stops the Music
Who Wants the Old Maid?
It's the Deleveraging, Stupid!
Last week we delved into the uncertainties that face us and that make forecasting for 2010 problematical. Will the government actually increase taxes as much as they say, with unemployment still likely to be at 10%? Or will cooler heads prevail? Would such an increase cause a recession? Will the markets anticipate the effects of such a major increase in advance? How will the mortgage market react when the Fed stops buying mortgage securities at the end of March? There are so many things in the air, and today we explore more of them, as I continue (perhaps foolishly) to try and peer into what is a very cloudy crystal ball.
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Friday, January 08, 2010
Could the British Pound Bear a Fresh Slug of Quantitative Easing? / Interest-Rates / Quantitative Easing
By: Adrian_Ash
Rearranging the Deck chairs on the QEII -
The BANK of ENGLAND's asset purchase program – better known as "quantitative easing" – was maintained at its £200 billion limit ($318bn) at this week's policy meeting in London.
Friday, January 08, 2010
Bank of England UK Quantitative Easing Money Printing to Hit £275 Billion 2010 / Interest-Rates / Quantitative Easing
By: Nadeem_Walayat
The Bank of England cut UK interest to a historic low of 0.5% in March 2009 for the objective of boosting the economy so as to enable it to SELL government bonds, however this did not work as bond auctions started to FAIL in March, which therefore triggered the Bank of England hitting the panic button and igniting Quantitative Easing or Quantitative Inflation, having received the green light from the Government a few months earlier.
Monday, December 14, 2009
Stephen Roach Vs Mike Shedlock on Fed's Easy Money Exit Strategy / Economics / Quantitative Easing
By: Mike_Shedlock
Former Fed economist and current Morgan Stanley Asia Chairman Stephen Roach Sees ‘Great Risk’ in Fed Exit Strategy.
Thursday, December 03, 2009
Is the Fed Engaged in Quantitative or Qualitative Easing? / Interest-Rates / Quantitative Easing
By: Paul_L_Kasriel
As I define it, qualitative easing. If the Fed were pursuing a quantitative easing policy, its balance sheet would be growing at an unusually high rate. The Fed allegedly began to engage in quantitative easing at its mid-March FOMC meeting this year.
Wednesday, November 25, 2009
The Role of Money Creation in Economic Development / Economics / Quantitative Easing
By: Ellen_Brown
“We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon.” --Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta, 1934
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Thursday, November 19, 2009
Central Bankers Blowing Bubbles in Global Stock Markets / Stock-Markets / Quantitative Easing
By: Gary_Dorsch
The Swiss franc is counted among the top-5 reserve currencies in the world, alongside the US-dollar, the Euro, the British pound, and the Japanese yen. The Swiss franc holds this top distinction, even though the Swiss economy does not find its place among the top five economies of the world. Instead, its annual output of $488-billion of goods and services ranks as the world’s 22nd largest.
Wednesday, November 11, 2009
Toxic Cocktail of Fiscal and Monetary Constraints on the U.S. Dollar / Economics / Quantitative Easing
By: John_Browne
Last week, the Fed extended its emergency economic powers, which include lending to the money center banks at zero interest. A few days later, the Fed's plan was reinforced by similar announcements from the rest of the G-20. The road map the authorities are providing for the near-term global economy can't be much clearer. There will be no cessation of the seemingly endless supply of cheap dollars being pumped into the financial system. With the world apparently in complete accord on the need for ever more liquidity, stock markets are staging an easy-money rally. The main line media is almost euphoric. But what should investors make of this seemingly good news?
Saturday, November 07, 2009
Fed Signals “All Systems Go” for More Inflation / Economics / Quantitative Easing
By: Mike_Larson
I have been adamant recently in saying that the Federal Reserve would not … would NOT … signal an end to the easy money environment at this week’s policy meeting. These guys simply lack the political willpower and the inclination to do what’s right. They want to keep the booze flowing to inflate assets, the long-term consequences be darned.
Monday, October 19, 2009
Bernanke Gone Berserk! Bank Reserves Explode! Fed Money Printing Gone Wild! / Interest-Rates / Quantitative Easing
By: Martin_D_Weiss
Martin here with the most shocking new numbers I’ve seen in my lifetime.
My conclusion: Fed Chairman Bernanke has dumped so much funny money into the U.S. banking system and has done so little to manage how that money is used, the fate of our entire economy has now been cast under a dark shadow of doubt.
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Wednesday, September 16, 2009
Quantitative Easing Fuelled Stock Market Recovery / Stock-Markets / Quantitative Easing
By: Mike_Whitney
We keep hearing that "The worst is behind us", but the spin doesn't square with the facts. Sure the stock market has done well, but scratch the surface and you'll find that things are not as what they seem. Zero hedge--which is quickly becoming the "go-to" market-update spot on the Internet--recently posted an eye-popping chart which traces the Fed's monetization programs (Quantitative Easing) with the 6-month surge in the S&P 500.
Friday, September 04, 2009
U.S. Treasury Bonds Supply and Quantitative Easing, Got Gold? / Interest-Rates / Quantitative Easing
By: Adrian_Ash
We are struck by the size of the needs of the State, and the meager assistance offered by patriotic gifts..." - Finance committee of the French National Assembly, March 1790
BY END-JULY 2009, sales of new US Treasury bonds had already outstripped full-year sales in calendar 2008.
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Tuesday, August 25, 2009
Premature Exiting From Quantitative Easing Could Derail the Economic Recovery / Economics / Quantitative Easing
By: John_Mauldin
There is the strong possibility that policy makers in the US and UK will not time the transition from the current quantitative easing to a more tightened monetary policy. That is not because they are no competent. It is because the task is very tricky and there is no play book outlining the steps. This is not Tom Landry (former Dallas Cowboy coach) pacing the field with a play for every situation already planned and practiced well in advance.
Thursday, August 20, 2009
Monetization of U.S. Treasury Bonds In Isolation / Interest-Rates / Quantitative Easing
By: Jim_Willie_CB
Every few months a chart comes along that needs almost no follow-on paragraphs to make the point of the issue. The chart provided by CIGA Eric covers several important types of US$-based bonds, their inflow and outflow, and the aggregate GrandNet. The financial data is publicly available from the USGovt TIC Reports. The messages are clear. Inflows of foreign funds are dwindling.
Wednesday, August 19, 2009
Ruining Public Credit with Imaginary Fiat Money / Interest-Rates / Quantitative Easing
By: Adrian_Ash
"Expect more 'imaginary money – with or without negative bank rates – often and soon..."
IT'S NOT OFTEN that Sweden gets to lead the world. Saab mimicked BMW. Nokia improved on Motorola. Abba took The Carpenters and added a hi-hat.
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