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Showing 21 - 30 of 43 results for "Paradox"

Crowding in

BENJAMIN ONG  |  TUESDAY, 25 NOV 2014
As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ...

When saving goes bad

BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
... passage from 'The Fable of the Bees' -- the passage that JMK (John Maynard Keynes), himself, cited when he gave us the 'Paradox of Thrift'. Mandeville wrote 'The Fable of the Bees' in 1714 and JMK's paradox became popular among us students of the dismal ...

Spend, spend, spend

BENJAMIN ONG  |  TUESDAY, 22 OCT 2013
... 2000. Australians' new-found predilection towards savings is not doing the economy any good. Recall John Maynard Keynes' 'Paradox of Thrift'. In simple terms, it means that if people don't spend, companies don't earn. If companies don't earn, they don't ...

Empty orchestra

BENJAMIN ONG  |  TUESDAY, 28 MAY 2013
... That proved short-lived...but this latest round of foot-shooting could have a longer lifespan. The BOJ now faces a real paradox. Its bond buying programme - aimed at keeping bond yields down and achieving 2% inflation within two years - has just been ...

QE paradox in reverse

BENJAMIN ONG  |  FRIDAY, 22 FEB 2013
... panic attack in the markets has just deferred QE withdrawal day by one extra day at the very least. It's sort of the QE paradox we witnessed back in mid-2012, when markets rallied in anticipation of a Fed QE3 announcement. But the stronger they rallied ...

It's happening

BENJAMIN ONG  |  TUESDAY, 29 JAN 2013

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
... headline: "Good Jobs Reports = Less QE3 = Stocks Dropping". I don't think this needs any further explaining. It's reverse QE Paradox. Then again, didn't our friend Ben assured us that QE 3 "will remain appropriate for a considerable time after the economic ...

Variant Perceptions' variant perception

BENJAMIN ONG  |  FRIDAY, 31 AUG 2012
... bigger-than-what-we've-seen-over-past-few-day's decline on Wall Street overnight gathers pace before or during his talk. There's the QE Paradox, remember. QE lives! It won't be long now till all's revealed. There'll be disappointment if no QE or any ...

The QE question

BENJAMIN ONG  |  THURSDAY, 30 AUG 2012
... ease financial conditions and strengthen the recovery." To QE not. The stock markets have not collapsed. Remember our "QE Paradox"? Too, as expressed by St. Louis Fed's James Bullard last week, "we have some data since then that is stronger." True, true. ...

The QE Paradox

BENJAMIN ONG  |  FRIDAY, 10 AUG 2012
... dangling in front of our faces, that eternal hope, that promise of a QE. But if you haven't worked it out by now, there's a paradox at work here. Let's call it the QE paradox. This paradox states that the more equity markets rise - and European bond ...