We're elite becuase there are so few of us. I've criticized ben a few times, but I think he's smarter than anyone on this site and has infinitely more accurate data then we can hope for ourselves.
As far as "alternative interpretation" you'll find that I'm in the overwhelming minority on...
What the fed is doing right now is manipulating the bond market: keeping long-term interest rates low through buying treasury debt - it has nothing to do with printing money.
No, the fed is not writing a "check to itself and crediting the banks." Your thesis is wrong. The fed has a...
The premise of netflix is good but bandwidth is expensive. They're trying to squeeze their providers on cost and oversell their transit like some kid running a hosting company from his mom's basement.
The catalyst for all this was fannie redeeming a tranche of their bonds, that most people thought were a bust even with the govt help, at par. It's looking like the new mgt. over there cleaned things up.