Bubbles and Busts

Exploring economic and financial instability within global markets and economies.

Friday, November 15, 2013

Empirical Evidence for the Endogeneity of the Money Supply in the United States from 1971-2008

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Dear Readers, Let me start off by sincerely apologizing for my abrupt and now lengthy absence from the blogosphere. Although I have bee...
122 comments:
Friday, March 29, 2013

"Cyprus Should Leave The Euro. Now."

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Yesterday banks in Cyprus opened for the first time in a week. Markets were seemingly calmed by the absence of immediate bank runs, however ...
17 comments:
Friday, March 15, 2013

Hudson, Keen, Smith and Others Explain Why Private Debt is the Problem

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This past Wednesday I attended The Atlantic’s Second Annual Economy Summit featuring many previously high ranking government officials (e.g...
8 comments:
Saturday, March 2, 2013

Targeting Nominal Wealth Leads to a Bubble Economy, Not Stabilizing the Business Cycle

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Over the past few years it has become increasingly clear that the Federal Reserve and federal government are targeting rising asset prices, ...
7 comments:
Tuesday, February 26, 2013

Adaptive Inflation Expectations Hypothesis Minimizes Effectiveness of Fed Communication at ZLB

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More on the adaptive inflation expectations hypothesis by Robert @ Angry Bear My claim is that expected inflation over the next 5 (and 10...
9 comments:
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