Econ Comments & Analysis
New York Post | Is it possible to kill quantitative-easing painlessly?
My real concern isn’t that QE is a failure. The real concern is, How the hell do we kill this monster without hurting millions of people?
RCM | The Fed Itself Is of Greater Significance Than Janet Yellen
Ideally, the ultimate goal is establishing monetary policies conducive to economic growth. This requires discipline to resist the call for easy money from both Wall Street and Washington, a task made tougher by the federal government's burgeoning debt problem.
Blogs
WSJ: Real Clear Markets | Four Key Points From Yellen on Tapering
In her confirmation hearing to be Federal Reserve chairman, Vice Chairwoman Janet Yellen makes a few key points on the critical question of tapering.
The Economist | Don't shoot the messenger
In reality, central banks have only transitory control of real rates of return. The task of central bankers is to keep interest rates at the values dictated by market forces.
WSJ: Real Time Economics | Easy Money Policy Helps Young, Hurts Old, Study Finds
Younger households, governments and homeowners are among the winners from the ultralow interest-rate policies engineered by the world’s big central banks, according to a new study by McKinsey & Co, which says older, richer households and insurance companies are among the losers.
