ASIA: China and South Korea entered into a defense agreement that could dent South Korea’s relationships with the US and Japan. The agreement will work on developing security ties and ensuring stability in the region. This comes about after China accused the US of meddling with affairs in the region. Recently US President Donald Trump […]
QUESTION: There are people claiming that Fed cannot buy directly from the Treasury and they are buying the same day issue in this Repo Crisis so that means they are monetizing the debt because foreigners are fleeing us Debt. This seems to lack any real substance and is nothing but opinion once again. Would you […]
QUESTION: Marty; The goldbugs are back and claiming the Repo Crisis is MMT and this is again just printing money endlessly to cover up a major banking crisis in the USA so buy gold of course. You said at the WEC cocktail party this would happen because these people never understand the world economy. Is […]
The central banks are keenly aware that they cannot stimulate economic growth, although they will not state that publicly. The wheel of fortune has completed its revolution. The central bankers are quietly lobbying the political side of the aisle to swing back to Keynesian fiscal policy and reverse austerity. The 63-year-old Christine Lagarde was supported […]
