Tag - bailout

Fed Goes All In: Is Hyperinflation in the Cards?

The last couple of weeks have seen an unprecedented amount of Federal Reserve intervention in financial markets. Just to recap, here’s what the Fed had already done as of last Friday: Pledged up to $5.5 trillion in repo market liquidity; Cut its target federal funds rate to zero; Promised...

If You Thought a 2008-Style Crisis Was Avoidable, Think Again

We’ve been warning about an oncoming financial crisis for a while now. The fact that a financial crisis would occur was all but inevitable, given the massive bubble blown by the Federal Reserve’s extraordinarily loose monetary policy over the last 12 years. But despite the numerous warning signs that...