Forget Competing Theories … What Do the Facts Say about Quantitative Easing?

by George Washington’s blog

Does Quantitative Easing Benefit the 99% or the 1%?
Forget Competing Theories … What Do the Facts Say about Quantitative Easing?

 

 

Paul Krugman says that QE, expansive monetary policy and inflation help the little guy (the 99%) and hurt the big banks (the 1%).

Of course, followers of the Austrian school of economics dispute this argument – and say that it is only the big boys who benefit from easy money.

As hedge fund manager [...]

From Atlas To Capital – Everyone Is Shrugging

From Mark Spitznagel, founder and chief investment officer of Universa Investments, a California-based hedge fund, first appearing in Project Syndicate

Capital Shrugged

Capitalism’s greatest strength has been its resiliency – its ability to survive the throes and challenges of crises and business cycles to fuel innovation and economic growth. Today, however, more than four years into a credit crisis, a conspicuous enigma calls this legacy into question.

Despite recent hopes of recovery in the [...]

Experts on 2012: The Worst is Yet to Come

Posted by Brittany Stepniak - Monday, January 16th, 2012

Experts retained a gloomy outlook with 2011 forecasts, but 2012 outlooks appear to be even worse…

Here’s a glimpse of some of America’s most respected financial experts with some dire predictions for the coming year:

Nassim Nicholas Taleb: Best-selling author, Taleb is famous for his book “The Black Swan.” According to Taleb, the debt crisis here in the U.S. is far worse that the [...]

Fantastic WSJ Op-Ed: Why central planning has doomed us all

From Zero Hedge:

In a must read Op-Ed in the WSJ, Mark Spitznagel, founder of “fat tail” focused hedge fund Universa, where Nassim Taleb has been known to dabble on occasion, explains the fundamental flaw with central planning, and specifically why “moral hazard” or the attempt to avoid the destructive part of natural cycles, is the greatest unnatural abomination ever conceived by man.

His visual explanation should be sufficient for even such grizzled [...]

Fantastic WSJ Op-Ed: Why central planning has doomed us all

From Zero Hedge:

In a must read Op-Ed in the WSJ, Mark Spitznagel, founder of “fat tail” focused hedge fund Universa, where Nassim Taleb has been known to dabble on occasion, explains the fundamental flaw with central planning, and specifically why “moral hazard” or the attempt to avoid the destructive part of natural cycles, is the greatest unnatural abomination ever conceived by man.

His visual explanation should be sufficient for even such grizzled [...]

Mark Spitznagel On CNBC: The S&P 500 could lose 40% of its value in the next couple of years

esterday on CNBC, Mark Spitznagel, chief investment officer for fund manager Universa Investments L.P., made a scary prediction. He warned that the S&P 500 could lose 40% of its value in the next couple of years.

He went on to point out several facts and figures that led to this prediction. He specifically said, “there is a 20% chance of a well-over 40% correction in the [...]