federal funds

Money Market Illiquidity Further Exposes The Myth Of Fed Omnipotence

By David Stockman. Posted On Monday June 27, 2016

The Tragic Consequences of Quantity Theory

By David Stockman. Posted On Friday May 20, 2016

Currency Elasticity Only Applies Where There Is Currency—-A Short History Of The Fed’s Money Market Intervention

By David Stockman. Posted On Wednesday December 23, 2015

Still Fragmentation In The Money Market——T-Bills Haven’t Gotten The Rate Hike Memo

By David Stockman. Posted On Monday December 21, 2015

A Monetary Ghost Town Called Federal Funds—-Or Raising A Rate That No One Pays

By David Stockman. Posted On Wednesday November 18, 2015

Money Market Update—-Tremors On The Fed’s Liftoff Ramp

By David Stockman. Posted On Thursday June 25, 2015

The Panic Of August 2007: Seven Years After The Money Markets Fractured, The Fed Still Adheres To An Outmoded Monetarist Paradigm

By David Stockman. Posted On Monday August 11, 2014

The Artificial Calm Before The Storm—-Gold, Copper, Yuan And The Rest

By David Stockman. Posted On Thursday May 8, 2014