No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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Today’s Fed Decision: The Funds Rate Is Irrelevant—QT Is What Matters Until we understand the direction the Fed is going with its quantitative tools, and the impact on bank deposits, we cannot predict if the banking situation will improve or get worse. Uncategorized March 23, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Today’s big news was that…
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This era of regular and ongoing political “whoppers” coming out of Washington DC, seems to have ushered in an increased willingness outside the beltway to declare pretty much anything, regardless of having evidence to support said claim, or even worse, saying it in the face of contrary evidence. Deeply misleading comments about the economy can be particularly dangerous in my view. In the fashion world, the adage that…
Amazon Headquarters Sweepstakes is Bad for Cities Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, General Economy April 23, 2018 Author: Taner Osman, PhD Taner Osman, PhD All Articles Co-Authored by Christopher Thornberg, PhD Editor’s Note: This article originally appeared on Zocalo Public Square on May 2, 2018. Envious of Silicon Valley’s success, more than 80 places throughout the world have renamed one of…
Our elected officials in Washington DC continue to struggle over the issue of immigration policy reform. The Trump administration has already made its views known, with its Muslim Ban, mixed signals on the DACA (Deferred Action for Childhood Arrivals) program, and more recently, its immigration reform proposal, a plan that reflects a much more restrictive stance toward immigrants than previous administrations. Based on comments made by members of…