Tue 2009-02-24 00:00 EST
Jesse's Café Américain: The Price of Gold and the Growth of the Money Supply
Jesse's Café Américain: The Price of Gold and the Growth of the Money Supply
supplies Topic in The Credit Debacle Catalog
Fri 2009-01-23 00:00 EST
Jesse's Café Américain: The Fed is Monetizing Debt and Inflating the Money Supply
Jesse's Café Américain: The Fed is Monetizing Debt and Inflating the Money Supply
Fed; Inflation; Jesse's Café Américain; Monetize Debt; money supply.
Fri 2009-01-16 00:00 EST
naked capitalism: Cautionary Tales: Central Bank Liquidity Injections Made Crises Worse in Latin America
Carmine Reinhart and Kenneth Rogoff; ``authorities found it difficult to mop up the liquidity they had created. Rapid growth in money supply stoked serious inflation''
cautionary tale; Central Bank Liquidity Injections Made Crises Worse; Latin America; naked capitalism.
Fri 2008-12-12 00:00 EST
Jesse's Café Américain: Money Supply, Paul Krugman, and the Great Depression
Jesse's Café Américain: Money Supply, Paul Krugman, and the Great Depression; ``Fed made a significant policy error in raising the discount rate in early 1931''; ``we can imagine an outcome in which misbegotten monetary policy results in an oligopoly of corporate interests and an economy that is permanently frozen in a series of de facto monopolies based on central planning, not all that dissimilar to the experience of the Soviet Union prior to its dissolution and some countries in which a hundred or so powerful families control the government and its economy in a state of permanent corruption and malaise.''
Great Depression; Jesse's Café Américain; money supply; Paul Krugman.
Tue 2008-08-26 00:00 EDT
The End of the Beginning -- Developments in the Credit Crisis
The End of the Beginning - Developments in the Credit Crisis, by Satyajit Das (Prudent Bear); 2008-05-27; ``limited recognition of the massive de-leveraging of the global financial system that is under way.'' ``The banking systems ability to supply credit is significantly impaired and will remain so for the foreseeable future.'' ``Changes in financial markets will have a significant impact on many companies that now rely on financial engineering rather than real engineering'' Das proposes: ``holdings and values of risky assets held by banks and investment banks must be accurately determined...Risky assets must be valued on a hold-to-maturity basis...Mark-to-market accounting should be suspended...Capital levels should be set on a bank-by-bank basis by regulators...Capital requirements should be eased...government [should] guarantee of all major bank liabilities''
Sun 2008-08-24 00:00 EDT
Safe Haven | The Elusive Bottom
Safehaven | The Elusive Bottom, by Merrill-Lynch economist David A. Rosenberg; predicting lengthy recession, secular bear market dating from 2000, eventual bullish indicators include savings rate above 8%, housing supply below 8 months, household interest coverage below 10.5%; frugality is in; bullish on bonds
Wed 2008-07-02 00:00 EDT
Peak Oil Debunked: 365. MASSIVE DROP IN U.S. DEMAND IN APRIL
"supply outstripping demand theory of the feverish price action since March s emanating an extremely fish-like odor. U.S. demand down by a whopping 0.8mbd year-on-year."
Thu 2008-06-12 00:00 EDT
Angry Bear: Kudlow's Supply-Side Stupidity: Less Savings = More Investment!
Angry Bear: Kudlow's Supply-Side Stupidity: Less Savings = More Investment!; tax deferral not tax cut unless accompanied by spending cuts
Angry Bear; investment; Kudlow's Supply-Side Stupidity; save.
Thu 2008-05-29 00:00 EDT
Interfluidity :: If you think it's the "index speculators"...
debunking Michael Master's testimony regarding commodity speculation; tacit cartel on the producer side, accommodating speculative futures prices, while managing spot supply? Steve Randy Waldman
Sun 2008-05-18 00:00 EDT
Mish's Global Economic Trend Analysis: Mike Morgan: Decession or Depression?
"nventory of homes is now beyond a two year supply and growing, while prices are falling off the cliff." "at least a third of todays builders will be bankrupt within the next 18 months."largest source of inventory is the homes moving through the foreclosure process" "The snakes have moved out of the mortgage business and into the REO disposition business."
Decession; Depression; Mike Morgan; Mish's Global Economic Trend Analysis.
Fri 2007-12-14 00:00 EST
naked capitalism: Mr. Minsky Moment Calls for Rate Cuts
"he best we have is palliatives. We can either take the losses, as the US has repeatedly told third world countries in similar fixes to ours, or we can go the Japan route of socializing the cost of propping up bad businesses and deals, or we can expand the money supply considerably and let inflation eat away at the value of the debt overhang." bearish UBS economist George Magnus calls for rate cuts
Thu 2007-11-01 00:00 EDT
Mish's Global Economic Trend Analysis: Inflation: What the heck is it?
2006-02-02; Frank Shostak; inflation best defined as net expansion of money supply and credit