quantative easing
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Capitalism’s fallen angels
In several previous posts, I have highlighted what are called ‘zombie’ companies (companies whose regular profits do not even cover the cost of servicing their outstanding debts) and so must, to paraphrase former BoE governor Mark Carney, depend on the kindness of their creditors”. An OECD study found that such zombies take up a frighteningly large part of the economy.… Continue reading
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Deflation, inflation or stagflation?
During the year of the COVID, global consumer and producer prices dropped fell. In some manufacturing-based economies, there was even a fall in price levels (deflation) eg the Euro area, Japan and China). Continue reading
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Let’s get fiscal!
How to grease the aching wheels of a sickening world capitalist economy? Let’s get fiscal is the universal cry of economists and policy makers. The COVID meltdown and impending global recession is forcing authorities to consider fiscal stimulus. Continue reading
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Putin Calls for a New System Guided by the UN Charter… But Is It Possible? By Matthew Ehret
Anyone looking with sober eyes upon today’s world and the feeble economic and geopolitical underpinnings holding the system together must accept the fact that a new system WILL be created. Continue reading
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FINANCIAL MARKETS APPROACH A YEAR END TEST
12 December 2019 — theplanningmotivedotcom The US Federal Reserve launched Quantitative Easing (QE) after the 2008 Crash. Beginning this September, it has launched a new round of QE that dares not speak its name. This facility mimics the scale of QE1 at an annualised $1.2 trillion, but has been initiated before the next Crash. Despite Continue reading
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Recessions, monetary easing and fiscal stimulus
As the stock markets of the world gyrate up and down like a yo-yo, all talk in the financial media is on whether a new global recession is coming and when. The financial pundits search for economic or financial indicators that might guide them to tell. The favourite one is the ‘inverted bond yield curve’. … Continue reading
The New Dark Age 