Tag Archives: attributive value

EPI’s Statement on the Fed’s Rate Hike

http://www.epi.org/press/fed-should-return-to-setting-policy-by-evidence-not-autopilot/?utm_source=Economic+Policy+Institute&utm_campaign=ed09e5e05b-EMAIL_CAMPAIGN_2017_06_16&utm_medium=email&utm_term=0_e7c5826c50-ed09e5e05b-58142357&mc_cid=ed09e5e05b&mc_eid=326484247d *** EPI’s Josh Bivens says that the last rate hike does not align with objective reality. The Fed, however, contends that its policy program is reactive, not proactive. Again, keep in mind, what we have here is an inverse-identity … Continue reading

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Wall Street Gets High… Seeing New Colors

NASDAQ Hits Record Stocks are again moving to record highs as earnings beat expectations. As former Fed chief, Ben Bernanke noted in a recent NYT interview, the euphoria is “colored by politics.” He specifically refers to partisan politics, which is … Continue reading

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The Public Utility

Deconsolidation does not mean we will no longer have free markets. It means we will in a flash, which is exactly what capitalists don’t want! Risk that aggregates unchecked (like flash crashes that supposedly provide the benefit of liquidity at … Continue reading

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