The electric vehicle (EV) mass market could be the next evolutionary stage for the auto industry. As Darren Winters explains, established auto manufacturers and household names like BMW, Volkswagen, Honda, Fiat, Ford, Toyota, Nissan, and Chevrolet have hit the 10,000 sales milestone in electric vehicles. The fact that traditional auto manufacturers continue to pour capital …
Interest-rate peg approach
As Darren Winters explains, the interest-rate peg approach could be used by the Fed to combat the next financial crisis. In the 2008 financial crisis, the Fed set a target to buy a fixed amount of securities every month, known as quantitative easing QE. Asset prices were propped up with QE with the aim of …