Brad DeLong Debates Jim Grant on the need for QE3
A video debate between Brad DeLong and Jim Grant on the necessity and efficacy of another round of quanttative easing
Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Tag
quantitative easing
Gross and Rosenberg: QE3 will see interest rate caps
Yesterday, I indicated that the FOMC has already considered offering unlimited quantitative easing to target specific interest rates during the second round of quantitative easing. I believe the Fed will do this in QE3, and apparently Bill…
What QE3 could look like
Unfortunately, the US economy has weakened somewhat and so the speculation about QE3 has gathered apace. Let me say a few words on this topic here.
Limits of Monetary Policy
In this column, Marc Chandler argues that US monetary policy can be a powerful tool, but it has limitations. Some commodity prices have risen and some have fallen since the Federal Reserve signaled QEII. The anticipation of QEII did weigh…
Tepper: QE3 won’t happen before the market or economy drops significantly
Tepper says if the market falls a couple hundred points maybe they would reconsider. But the only result now might be more food and energy inflation.
On the fragile recovery and the likelihood of QE3
On balance it would then seem that the consensus remains weighed towards no QE3 either because it is not needed or because it does not work in the first place. I think it is very simple in the end though. If sideways movement gives way to a…
Rajan: Easy money will not create sustainable growth
Raghuram Rajan, one of the few mainstream economists to warn of the US housing bubble, has recently written a piece which is highly critical of US monetary policy. His view, one that I share, is that US policy favours debtors over savers in…
Cash is king: Buy volatility and buy liquidity
We are in a mid-cycle slowdown not dissimilar to the ones we experienced in 1995 or 2005. I am remarkably sanguine about the ability of policy makers to induce a cyclical recovery via fiscal and monetary stimulus. And, of course things…
To QE3 Or Not To QE3, That Is The Question
So what are the realistic chances of another bout of QE right now? Well according to Robin Harding they are pretty slim, and it is hard not to agree with him (due to the anticipated voter backlash in the US), yet among professional analysts…
QEIII: Why Not (!?)
Marc Chandler: The Fed cannot rule out renewed Treasury purchases. It does not or should not deny itself its policy options. It is committed to do what is necessary to prevent a slide into deflation, which indeed is a forgotten element of…