Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

Monty Pelerin's World

Archives for March, 2011

The Super Bowl of Monetary Policy

From Barry Ritholtz comes this gem: WJB Technical Analyst John Roque channels his inner imp to deliver these delightfully sarcastic bon mots: “Won’t it be cool if subsequent versions of QE are referenced with Roman numerals like the Super Bowl?”

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Food Storage

A  reader, Jason McNew, submitted this article on food stocking, requesting that it be published. I usually don’t honor such requests, but thought there might be enough interest. I have not begun stocking food, although know many people who are. Chris Martenson has been advocating this protection for quite a while. Should you have any [...]

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Request for Comments/Questions

I received the following comment from reader ER. The questions/comments are appropriate and I intend to respond within the next few days. In the meantime, please respond with your own comments/questions that pertain to the issues raised below. I shall try to write a post that deals with all of them. When will the dollar [...]

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Rosie on Economy

David Rosenberg offers his usual incisive comments on the economy and suggests a couple of reads: Whether you are perma bull or perma bear or everyone in between, the  column by Paul Lim in the Sunday NYT business section (The Bounce Isn’t Enough to Recover From a Bubble on page 4) states that fully recovering [...]

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The Results of Quantitative Easing

Robert Murphy provides an excellent review of the results of the Fed’s Quantitative Easing policy. His conclusion: With job creation remaining scandalously sluggish, andhousing sales still on the skids, about the only thing we can say with confidence is that QE2 has stuffed hundreds of billions into the pockets of the friends of Bernanke.

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Markets vs Interventionism

Mish provides a brief lesson in “libertarian” economics vs. “regulatory” economics. I like his post, but not his dichotomy. Perhaps a better taxonomy might have been markets vs. interventionism, although with the ignorance regarding economics that exists I understand why he chose what he did. True libertarians and regulators will object that Mish represents their [...]

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