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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label denmark. Show all posts

Showing posts with label denmark. Show all posts

Sunday, February 08, 2015

Rationalizing the Record Phisix 7,700

If you look at the typical stock on the New York Stock Exchange, its high will be, perhaps, for the last 12 months will be 150 percent of i...

Friday, January 23, 2015

ECB’s QE Effect; Danish Central Bank Cuts Interest Rates Twice this week

Here is one interesting ramification from the ECB’s QE, the Danish central bank cut interest rate twice this week: From the Wall Street...

Monday, September 23, 2013

Phisix: Will the Fed’s Spiking of the Punchbowl Party Be Sustainable?

Right now, the FOMC has “a tiger by its tail” - it has lost control of monetary policy. The Fed can’t stop buying assets because interest ...

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