Quantitative Easing

Warren Buffett Reveals His Biggest Fear

"If we're talking broadly, the answer is weapons of mass destruction. Now you've got weapons that can kill millions and millions and millions of people, and you've got them in unstable hands."

Nomi Prins: Big Bank Concentration And Counterparty Risk Expands

There has been collusion and collaboration amongst the G7 central banks... That’s why we have been able to perpetuate this system for so long... Because there is no external limitation on their policy and there’s no voting them out I’d say this could go on for at least a few more years..."

"Sticking The Arson Charge On A Couple Of Patsies"

"...our debt-based monetary system is clearly almost at an end. What better way to end it than with a spectacular fire that can be pinned on a couple of made-to-order patsies like Donald Trump and Kim Jong Un..."

El-Erian Warns Vexed Central Bankers "The Lowflation Demon Is Real"

"...economies on both side of the Atlantic must contend with the risk that a loose monetary policy approach may have overly repressed financial volatility, excessively boosted a range of asset prices beyond what is warranted by economic fundamentals, and encouraged too much risk-taking by non-banks."

Draghi: Trillions In QE Have Made Economies "More Resilient"

ECB president Mario Draghi said unconventional policies like quantitative easing have been a success both sides of the Atlantic, and the injection of over $10 trillion in liquidity over the past decade has made eEconomies around the world "more resilient."

The Truman Show Markets

"Fake news, fake economies (based on fake demand dependent on asset bubbles), fake markets (dependent on QE and low interest rates). It’s the Truman Show, folks."

Frontrunning: August 22

  • Trump commits to a 'fight to win' in Afghan war (Reuters)
  • Stay or Go? Some Trump Aides Are Pressed From All Sides (WSJ)
  • Futures higher as traders pick up beaten-down stocks (Reuters)
  • Divers Search Compartments of Ship for Missing Sailors (WSJ)
  • Why Do U.S. Navy Ships Keep Colliding? (BBG)