zero interest rate policy Archives - Rethinking the Dollar

The Pandemic Exposed The Frailty Of The Financial System

Apr 5, 2020 | Economic Collapse

Despite the more optimistic claims of political pundits and Federal Reserve officials (Jerome Powell, specifically), things are far from being under control. Notwithstanding archetypal Austrian objections to “loose” monetary and fiscal policies on the...

Skyrocketing Costs Will Pop All The Bubbles

Dec 19, 2019 | News

The reckoning is coming, and everyone who counted on “eternal growth of borrowing” to stave off the reckoning is in for a big surprise. We’ve used a simple trick to keep the status quo from imploding for the past 11 years: borrow whatever it takes to...

The Fed’s Vicious Cycle

May 16, 2019 | Uncategorized

We all know the outlines of how the Fed and other central banks responded to the financial crisis in 2008. First the Fed cut interest rates to zero and held them there for seven years. This extravaganza of zero rates, quantitative easing (QE) and money printing worked...