El-Erian Archive

Duh…

Fed’s QE2 Failed to Boost U.S. Spending, Pimco’s El-Erian Says: Tom Keene By John Detrixhe and Tom Keene June 2 (Bloomberg) — The Federal Reserve’s quantitative easing policy failed to meet the “ultimate objective” of boosting employment and economic growth, said Mohamed El-Erian , chief executive officer at Pacific Investment Management Co. ...Read More

Financial Repression Coming to America: El-Erian

Unfortunately, I can’t say that policy makers with as little understanding of actual monetary as he has won’t do that type of thing. (Nor can’t I say he isn’t talking position) I can say they all seem heck bent on deficit reduction, which is probably the most severe and effective form of ...Read More