After a half a century of stimulus – with credit, inflation and the money supply growing faster and faster – the Fed put the pedal to the metal following the nano-recession of 2001. It dropped interest rates to just 1% – well below the rate of consumer price inflation…
July 24th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Agora Financial Investment Symposium"
Observations from the 2008 Agora Financial Investment Symposium
How about we take advantage of today’s lull in markets to pass on a few observations from last week’s Agora Financial Investment Symposium in Vancouver? There are three points worth passing on, mulling over, and sorting out. First, the debt deflationists reared their collective head. The argument, in a nutshell, is that falling values on financial assets (homes, shares, mortgages) lead to a reduction in aggregate consumer wealth.
July 30th, 2008 | Dan Denning | 3 comments | Continued
Themes from Day 1 at the Agora Financial Investment Symposium
Yesterday was the first day of speeches at the Agora Financial Investment Symposium. We heard from quite a few DR familiar faces…
July 24th, 2008 | Kate Incontrera | 0 comments | Continued
