Tag Archives: Fed

Dante Ruffalo Alicia Moritz January 28

How QE Works and Why Europe is now using it

Although Mr. Bernanke is now retired from Chair of the Fed, Janet Yellen, his successor, has vowed to follow through on his monetary policies.  In fact, she was chosen to head the bank specifically for this reason. Quantitative Easing (QE) has been politicized in a manner which has distorted what it actually is.   Phrases […]

dante Ruffalo alicia moritz March 19

WHAT ALAN GREENSPAN AND LIBOR HAVE IN COMMON

My all time favorite quote from former Fed Chairman Alan Greenspan is ‘I underestimated the extent to which market participants would behave irrationally.’ Said to Congress by the 88-year-old in a grave tone one would think it to be an honest admission. That however, is hardly the case.  Let me explain what a ‘market participant’ […]

Dante Ruffalo

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