Submitted by Richard Ebeling via EpicTimes.com,
Eighty years go, on February 4, 1936, one of the most influential books of the last one hundred years was published, British economist, John Maynard Keynes’s The General Theory of Employment, Interest and Money. With it was born what has become known as Keynesian Economics.
Submitted by Peter Schiff via Euro Pacific Capital,
While such things are virtually impossible to verify due to the difficulty of getting “inside the caliphate” so to speak, word on the jihadist circuit is that ISIS is running short on money.
Quietly as an aside in a speech, the Head of the Bank of Japan, Haruhiko Kuroda, confessed that QE has little if any impact on GDP growth.
I touched upon this issue previously, but I want to reiterate it here because it is absolutely ASTOUNDING.
The Bank of Japan is the global leader for monetary policy. Indeed, it has been experimenting with severe monetary policy for DECADES.
The Fed first implemented ZIRP and QE in 2008. The ECB first cut rates to ZIRP in 2014 and implemented QE in 2015.
The Bush dynasty ended not with a bang, but a whimper on Saturday when Jed Bush officially threw in the towel at the feet of Donald Trump, but not before spending $130 million for his now failed presidential campaign.