Professor Alan Meltzer explains the increasingly obvious complete failure of QE policy.In the main QE has simply boosted bank deposits. This has turned the banking system into the biggest hedge fund the world has ever seen and enormous market distortions and bubbles while starving the real economy. The civilian employment to population ratio has remained flat for the last 5 years.
Tax-Efficient Investing: How the Right Strategy Saves You Hundreds of Thousands
Effective compounding and tax minimization are not competing goals. They reinforce each other. The discipline that drives superior long-term compounding uses aggressive risk management to minimize drawdowns and so also
