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Will Governments Respond Globally or Just Act Independently?

QUESTION: Is there any comparison to be made between the current suppression of interest rates by the Fed and its suppression of interest rates in the 1920s? With [...]

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Could the Fed Ever Exit the Repo Market?

It is stunning how after more than three months, the analysis on the repo market is still nowhere close to reality. I believe that those in the trenches are, like [...]

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Repo Crisis for Year-End

  The Repo Crisis for year-end has had the Fed pumping in a staggering amount of about $234 billion into the repo markets. They are exchanging high-quality [...]

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Why the Fed Is Not Lowering Rates

  COMMENT: Thanks so much for your explanation of the Repo Crisis which is now self-evident that the Fed has reversed course and did not cut rates. You are [...]

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Fed Cuts Rates 25 basis Points

The Federal Reserve, as expected, cut rates a quarter-point. The Fed also warned that further moves to ease interest rate policy may be coming to an end. The rate [...]

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Is it Our Time to Rock & Roll?

QUESTION: Marty, Sometime you compare today’s financial markets and economy to what was going on in the mid to late 1920s . Woodrow Wilson is even referenced [...]

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Can the Fed really Control the Economy?

QUESTION: This whirligig talk of whether the Fed cuts rates by 25 or 50 basis points is carnival-level absurdity. Does the Fed have the “pretense of [...]

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Did the Fed Begin Secret Bailouts in 2007 Before Anyone Knew of the Pending Crisis?

  When the GAO report came out on the Quantitative Easing by the Federal Reserve, it uncovered a secret $16 trillion feeding tube from the Fed structured as [...]

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The US Treasury Does Have the Constitutional Right to Mint Coins

QUESTION: Marty, You are wrong. The US Treasury can create the money as the Constitution says it can. Article I, Section 8, Clause 5. The Congress shall have the [...]

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Why Are Equities so Disconnected from Economics?

Normally, equity valuations reflect the present value of future cash flows that are primarily a function of current cash flows, growth expectations, and then the [...]

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