Blog
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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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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