Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations
The result of such austerity policies has been lost output and overall wealth that several economists say could last for years--and may even be permanent--hurting both jobs and economic output.
This is something that Germany, instigator of the eurozone's austerity policies, has to learn if it wants to bring Europe out of its Second Great Depression; by supporting policies that will unite Europe into a greater union, rather than cause its disintegration.
On January 15, the Swiss National Bank (SNB) shocked international markets by abandoning the 3-year-old exchange rate floor of 1.20 Swiss Franc (CHF) per Euro (EUR). Put simply, this means that the SNB stopped spending billions of Swiss Francs to buy euro-denominated bonds.
Some Fed officials have fretted publicly about the unwanted side effects of their easy-money programs, including pumping
ECB President Mario Draghi has been highly effective with his words alone -- moving markets with speeches and little action. However, by doing so he has also set the bar high and expectations for action are becoming the norm.
The rise in the stock market has been relentless. We are living through the greatest macroeconomic experiment in the history of the U.S. Never was so much printed and spent by so few. And I continue to believe that the Dow will see 5,000 before it sees 20,000.
WASHINGTON -- Former FDIC Chair Sheila Bair sharply criticized Congress for failing to approve economic stimulus measures
While progressives have sought more Fed transparency , the left's preference has been to boost employment through Fed-fueled consumer demand. This could change.
To Michael Woodford, a Columbia University professor whose writings on QE have been hugely influential at the Fed and other