Tag Archives: printing money

“A money-financed tax cut is…[a] ‘helicopter drop’ of money”

Posted on December 9, 2010 by macromon

Wow!  Sounds a lot like what the President and Congress just negotiated, no?  Tax cuts financed by QE2 and a possible QE3?  Break out the Apaches! Here is the excerpt from his famous  helicopter speech, given at the National Economist … Continue reading →

Posted in Budget Deficit, Commodities, Gold, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 4 Comments

Jon Stewart Catches Bernanke “Printing Money”

Posted on December 8, 2010 by macromon

Hillarious video of Jon Stewart’s take down of Ben Bernanke’s 6o Minutes interview this past Sunday.   Stewart referenced a 60 minutes interview in June 2009 where Chairman Bernanke said what the Fed was doing was “much more akin to printing … Continue reading →

Posted in Monetary Policy, Video | Tagged , , , | Leave a comment

Don’t Fight the Bank of Japan!

Posted on November 22, 2010 by macromon

The Nikkei 225 has been flying, while the global markets are down to flat,  since the November 5th Bank of Japan announcement that it would be purchasing equity ETFs as part of its QE program (click here for our post).   … Continue reading →

Posted in Equities, Monetary Policy, Policy | Tagged , , | 1 Comment