Tag Archives: monetary policy

The Vulnerability of Private Wealth to Government Financial Stress

“The Vulnerability of Private Wealth to Government Financial Stress”
Posted in Alumni Lecture Series, The Spellman Report, Video Library, Video Spellman Reports | Tagged , , , , , , , , , | Leave a comment

The Slow-Moving Train Wreck Has Picked up Speed: Foreign Depositors in European Banks Will Be Outed

slow1

Economies have natural self-correction mechanisms to keep the economic train on the tracks and moving at accustomed speed unless undercut by governments. In their desperation for tax revenues, Euro zone governments have “outed” their foreign depositors to the foreigners’ home taxing authority. Thus, the slow moving train wreck has just picked up speed. Continue reading

Posted in The Spellman Report | Tagged , , , , , , , , , | Leave a comment

Is the Printing Press Engaged for the Duration?

spell1

A printing press is a handy thing to have. When a government or central bank can fund itself with money or claims on money, it can buy a lot of things and solve a host of problems, all without the need to tax. I wish I had one. Continue reading

Posted in The Spellman Report | Tagged , , , , , , , , , , , , , | Leave a comment

The Stock Market, QE3 and Voodoo Finance

voodoo1

As we look across the economic landscape there is an abundance of reason to anticipate a global economic slowdown. It is already well in the works as reflected in anticipatory data. It would not be a garden-variety recession emanating from … Continue reading

Posted in The Spellman Report | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Denial, Default or Treasury Currency: the Hobson’s Choice

hobson

Spain’s financial vulnerability has been in the spotlight recently. The trickle-down from a single bank’s insolvency gives us a glimpse of how country funding shortfalls are likely to be handled in the coming decades. The Spanish bank in question, Bankia, … Continue reading

Posted in The Spellman Report | Tagged , , , , , , , , , , , , | 1 Comment

Roadblocks to Recovery an Interview with Dr. Lacy Hunt

lacy-hunt

The extent and implication of the U. S. debt overload. Neither monetary nor fiscal policy can solve the debt problem nor the profound side effects of excess debt. Download .pdf Welling at Weeden Interview

Posted in Video Library, Video Spellman Reports | Tagged , , , , , , , , , , | 1 Comment

Financial Repression: The Unintended Consequences of Saving the Sovereign

uninteded_consequences

What’s new has often been lived before, but sometimes it’s not pretty. Presumably that’s what Clarence Darrow meant when he said, “History repeats itself, and that’s one of the things that’s wrong with history.” It is becoming increasingly clear that … Continue reading

Posted in The Spellman Report | Tagged , , , , , , , , | Leave a comment

The Morass of Debt

the_morass_of_debt

Interview with Dr. Lacy Hunt on the pervasive effects of accumulated debt on the economy and financial market pricing.  

Posted in Video Spellman Reports | Tagged , , , , , , , | Leave a comment