Topic: Financial Markets

“In 2021 they were looking for help from recovering supply chains. Now, they are looking for help from tight financial markets. It’s time FOMC members help themselves — or, God help us all.” ~ William J. Luther

Financial Markets, Media, Monetary Policy

Words & Numbers: Peter C. Earle On The Death of Silicon Valley Bank

– March 23, 2023

“Peter C. Earle, AIER Research Faculty and former Wall Street trader, joins AIER Senior Editor James Harrigan and Antony Davies on the Words & Numbers podcast to talk about what happened to Silicon Valley Bank.” ~ AIER

Financial Markets, Fiscal Policy, Government, Monetary Policy

Is it a LOLR? No, It’s a Trap

– March 20, 2023

“The reason this is infuriating is that we are being told that taxpayers should be willing to double down, to reimburse even-more-careless depositors for their negligent inattention to risk.” ~ Michael C. Munger

Economic History, Financial Markets, Government, Regulation

FDIC: No Savior Then or Now

– March 19, 2023

“It is not clear that some sort of enhanced stockholder liability has yet returned to the Overton Window, but it is possible that Americans will point out the hypocrisy of the Biden administration’s raising taxes on the rich with one hand while bailing them out with the other.” ~ Robert E. Wright

Financial Markets, Government, Regulation

Bottle Rockets and Falling Skies: How SVB Crashed and Why It’s Not the End of the World

– March 17, 2023

“Their failure to take steps to hedge against imminent deflationary policy was grossly negligent, and ultimately unlikely to be repeated by bank managers whose responsibilities extend beyond a specific boutique market.” ~ Tarnell Brown