QE4 Needed to Boost Stocks, Says Investment House Economist

Written by Gary North on September 26, 2012

Morgan Stanley’s chief stock market analyst says that the Federal Reserve will go to QE4 by year’s end. Why? Because that’s what is needed to boos the stock market. Question: Since QE3 is open-ended, probably for two years, what meaning does “QE4” have? Question: Since the Federal Open Market Committee (FOMC) has never referred to […]

Continue reading →

A Federal Reserve President Calls for More Fiat Money

Written by Gary North on February 14, 2012

The president of the Federal Reserve Bank of San Francisco has recommended that the FOMC [Federal Open Market Committee] put the pedal to the metal. There has to be far more monetary stimulus. This is Keynesianism running amok. He made a major speech recently. As a good Keynesian, he sees the trade-off between fiat money […]

Continue reading →