All the King’s horses and all the King’s men will not be able to put the world economy together again.
Perspectives
TSP & Vanguard Smart Investor Posts
Doug Noland: Sloppy
The U.S. and world are at peak Bubble. Chair Warsh speaks repeatedly about the “right” policy. There is no right policy that miraculously stabilizes either Bubble excess or consumer prices.
Doug Noland: Warsh’s Regime Change
He was impressive. Listening intently to Kevin Warsh’s post-meeting press conference was a reminder of why I admired Fed Governor Warsh (2006 to 2011) and was disappointed to see him leave the institution. The new Chair conveyed complete control over… Read More ›