money money money

On Monday, Bloomberg View writer Mark Gilbert explored a fretful question: Are we in the midst of yet another asset bubble? Stanley Druckenmiller, who helped George Soros “break the Bank of England” in 1992, thinks we are.

The U.S. economy and financial system will soon face a crisis, thanks to excessive easing by the Federal Reserve, Peter Schiff, CEO of Euro Pacific Capital, tells Newsmax TV.

It is being said today’s FOMC announcement is “the most important of Yellen’s tenure”, I could not disagree more.

At the Central Banking: The Way Forward?, International Symposium of the Remarks at the Panel Discussion on Shaping the Future of the Macroeconomic Policy

The topic of whether the Federal Reserve can see bubbles in advance, and what they can do about them, is hotly debated.

We need always be aware that the next crisis–and there will be one– will not be identical to the last one and that we need to be vigilant  in both trying to foresee it and seeking to prevent it,” Federal Reserve Board Vice Chairman Stanley Fischer said last week in a speech to the National  Bureau of Economic Research in Cambridge, Massachusetts. It was music to my ears to see that Fischer recommended a major new leg of Fed policy to concentrate on the financial stability  and health of the financial markets. For too long the central bank has focused solely on  maximizing employment and minimizing  inflation.