Some Common Cents for December 18th 2015

December 18, 2015, by John Norris

Well, the Fed finally raised the overnight lending target rate. I have to tell you, when people literally stop me on the street to ask me about the short-term future of monetary policy in the US, perhaps we have all become a little too preoccupied with the subject. Now, we can quit wringing our hands and gnashing our teeth, and move onto something else. The only problem is: how are all the numerous news and...

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Banking regulations could help lead to crisis

July 22, 2015, by John Norris

The situation in Greece seems to have blown over for now, and China’s stock market has been pushed to the back burner. If these things can’t or won’t start a global financial crisis, what could or would? After the 2008 financial crisis, Washington was up in arms about the risks it perceived banks had taken, and wanted to something, anything, about it. Well-intentioned, but not necessarily financially savvy, politicians drew up a litany of new...

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