Blog

ECB v Fed

QUESTION: Martin, You mentioned in a recent blog post that the ECB, unlike the FED, can go bankrupt. Can you explain further? Not sure where you get the time, [...]

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Central Bank Crisis Expanding

QUESTION: Hi Marty. You mentioned in the blog that all European sovereign debt may end up being converted into perpetual bonds. Will it be through debt [...]

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Will the Fed Cap Rates?

QUESTION: Do you think the Fed will venture into capping the long-term rates as they did during World War II? JH ANSWER:  There is much talk that the Fed will go [...]

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The Fed is Trying to Hold up the World

QUESTION: What is you opinion sir on default on the debt when the FED is bailing out the world on it debts as fast as possible, including the 15 central banks with [...]

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Illinois First State to Get Free Money from Fed

Illinois became the first entity to borrow from the Fed’s new facility known as the “Municipal Liquidity Facility” for state and local governments. The [...]

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The Fed & Helicopter Money

QUESTION: You said that the Fed does not print money out of thin air on its own. The goldbugs say you are wrong. I suspect that they are wrong not you. You seem to [...]

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Jawboning the Fed on Cutting Rates

COMMENT: Hello Martin, I see President Trump is still calling for interest rate cuts from the Fed. I know he is a businessman and with the current situation is he [...]

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Fed Cuts Rate on Schedule

The Federal Reserve is in full panic mode. The Federal Reserve cut interest rates Tuesday in a rare emergency meeting, responding aggressively to the growing threat [...]

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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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