Gerard Jackson

Contributor since: 26 Feb 2010

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• Why the Fed's Rates Policy will Fail

  Published 30 September 2007 | viewed 5,134 times

  It was only it was last August that I told readers not to be surprised if the fed cuts the funds rate. (US financial markets…

• How the Laffer Curve Really Works

  Published 23 September 2007 | viewed 5,667 times

  Let us begin with the much neglected Kennedy tax cuts and then follow through with other tax measures. We shall then finish with a diagrammatic…

• The US Dollar v. the Chinese Yuan: There's More than Meets the Eye

  Published 16 September 2007 | viewed 5,948 times

  A great deal has been written about the Chinese economy -- much of it nonsense -- and the pegging of the yuan to the US…

• The US Economy: Is a Recession on the Way?

  Published 10 September 2007 | viewed 6,549 times

  There have been oodles of commentary about the effects of the subprime real estate fiasco and how this will impact on the US economy. The…

• Central Banks Panic as Credit Crunch Looms

  Published 09 September 2007 | viewed 5,542 times

  It appears to be increasingly evident that the recent turmoil in the financial markets was not an aberration. John McFarlane, former ANZ chief executive, noted…

• The US Economy: Manufacturing is the Key Factor, not the Sub-prime Market

  Published 03 September 2007 | viewed 5,427 times

  It would be an understatement to call the current thinking of the economic commentariat confused. For this lot consumer spending drives the economy. Therefore it…

• The US Trade Deficit and Chinese Surpluses: Economics v Paranoia

  Published 26 August 2007 | viewed 3,475 times

  Now that the recent turmoil in international markets has subsided for now attention is returning to the sinister machinations of Beijing and its silent war…

• US Financial Markets Rocked -- What is Really Happening

  Published 20 August 2007 | viewed 7,702 times

  Last week I alerted readers to the possibility of a cut in the Fed funds rate. As sure as God made little apples, a cut…

• Blame Central Banks for Sinking Share Markets

  Published 12 August 2007 | viewed 3,809 times

  For years I have been warning readers that monetary expansion would inevitably bring recession. This, I forewarned, would probably occur when central banks decided to…

• Monetarism and the US Economy

  Published 06 August 2007 | viewed 4,372 times

  Tom Nugent's article on the US economy and monetary policy inadvertently revealed the severe shortcomings of monetary debate in the US. (Monetarism: Dead at Last?,…

• US Economy and the Lessons of History

  Published 30 July 2007 | viewed 5,967 times

  In 1929 Hoover's Committee on Recent Economic Changes, under the chairmanship of Mr. Arch Shaw, wisely observed: "Each generation believes itself to be on the…

• The Falling Dollar and the US Economy -- Which Way Now?

  Published 23 July 2007 | viewed 5,969 times

  Not only is the US dollar sliding it has dropped by about 40 per cent against the euro in the last two years. This has…

• Like the Clinton Boom the Bush Boom Will Also Crash

  Published 16 July 2007 | viewed 6,361 times

  Judging by my emails there are a lot of worried and confused people out there. Basically most readers want to know why I'm "so sure…

• US Economy: The Politics of Deficits and Power

  Published 01 July 2007 | viewed 4,003 times

  The Democrats and their media mouthpieces are besides themselves over the rapidly shrinking deficit. You remember? The one that was going to a massive burden…

• Stock Market Troubles and Macbeth's Witches

  Published 24 June 2007 | viewed 4,878 times

  Macbeth, scene 1. Enter the three witches. In unison they chant: Double, double toil and trouble; Fire burn, and cauldron bubble. I know I'm being…

• Getting it Right on Recessions and the 'Wealth Effect'

  Published 17 June 2007 | viewed 5,361 times

  I have received a number of emails concerning my article Stock prices and the phony 'wealth effect'. these readers wanted to learn more about how…

• Deflation is No Mystery -- Except to Most Economists

  Published 11 June 2007 | viewed 7,608 times

  That the great body of economists think that a fall in general prices is deflationary by definition and a clear indicator of an impending recession…

• The International Consequences of the Federal Reserve

  Published 03 June 2007 | viewed 4,893 times

  I have written numerous times on the consequences of the Fed's loose monetary policy and how it can aggravate the current account deficit. Until recently…

• US Economy, Immigration and the Fallacy of Cheap Labour

  Published 30 May 2007 | viewed 4,516 times

  The question of illegal immigration has finally come to the boil in the US. In doing so it has exposed as nonsense the arguments of…

• When will the Bush Boom Crack?

  Published 21 May 2007 | viewed 5,992 times

  Unfortunately every credit fuelled boom ends in recession. Although no one can really predict the actual timing of a recession one can look out for…