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Faith & Reason Collide
Feed- Keynesian thought is utopian
- The Don gets his phone calls returned
- The Mullah’s go mum
- Digital mediums & the wrought return of the nation state
- Nawaz Sharif’s dynasty in Pakistan halted
- Lenin: storm chaser
- How to read the Mexican election
- The African continent & the state of capitalism
- Trump & Iran: presage to permanent emnity
- The Moral, Strategic Bankruptcy of Arafat
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Tag Archives: Entitlements
Taming Bond Market Vigilantes
The U.S. Federal Reserve has tamed bond vigilantes. Because prices move inversely to bond yields, historically, active investors reacted to adverse monetary or fiscal policies by dumping bonds that consequently raise yields. Because the FED was the only game in … Continue reading
Posted in Macro-economics, Macroeconomics, Uncategorized
Tagged Entitlements, fiscal crisis, Reagan
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Weak Currency: Weakened Prosperity
A great friend of mine recently admonished a competitor who exclaimed that the Dow Jones was rising! His response was incisive: what does it matter, the currency is shot! His thinking was grounded in sound fiscal, macroeconomic policy that is … Continue reading
Posted in Conservatism, Money, Reagan
Tagged Confiscatory taxation, Currencies, Entitlements, Money, Weak Dollar
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William Holland
William Holland 