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Inflation Seems Like a Safe Prediction, but It’s Hardly So Simple

by | Feb 22, 2011 | Towing

Given an economy gaining steam and a vast expansion in the money supply, it’s easy to assume a wave of inflation is up next. The causes of inflation, however, are anything but straightforward — which is something investors nee…

Volcker to Step Down as Chair of Obama’s Economic Recovery Advisory Board

by | Jan 6, 2011 | Towing

Paul Volcker, chairman of the Economic Recovery Advisory Board for President Barack Obama, is set to step down from the position next month. As a key adviser to the president, Volcker has advocated for tougher financial regulat…

Banks Exploit Loophole in Volcker Rule with Longer-Term Bets

by | Nov 11, 2010 | Towing

Investment banks are working around new regulations restricting them from putting their own capital into short-term investments: The Wall Street institutions are sidestepping the Volcker Rule by making direct purchases of secur…

Paul Volcker: Quantitative Easing May Create Inflation in Future

by | Nov 2, 2010 | Towing

Former Fed Chairman Paul Volcker warns that more quantitative easing by the Federal Reserve will stoke inflation. “When money is too easy for too long, we will have more” asset bubbles, the 83-year-old Volcker said.
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