Wednesday, March 12, 2014

Imposes on itself (by design of policy)

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Peter Martin : If we add up the national debts of all the world's countries, subtracting any claimed surpluses, it reportedly comes t...
Tuesday, March 11, 2014

What is Debt?

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Debt is a measure of credit that has been put to use, and a record of required repayment. Debt is a cost.

Greenspan bailed at the peak

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From Wikipedia : Housing bubble In the wake of the subprime mortgage and credit crisis in 2007, Greenspan stated that there was a bubble...
2 comments:
Monday, March 10, 2014

The metabolism of the economy

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From my development blog, dated 31 July 2013, apparently never posted. Krugman recently had two in a row on inflation and the politics of ...
Sunday, March 9, 2014

Mindset

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On 6 March I started out looking at David Glasner's Why Fed Inflation-Phobia Mattered . Today I want to start out by dropping the topi...
Saturday, March 8, 2014

Personal Interest Income

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Unless one is wealthy there is no use in being a charming fellow. Romance is the privilege of the rich, not the profession of the unemploye...
1 comment:
Friday, March 7, 2014

The September 11th Response

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4 comments:
Thursday, March 6, 2014

Maybe not the same numbers, but certainly the same pattern

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In Why Fed Inflation-Phobia Mattered , David Glasner writes If you look at the St. Louis Fed’s statistics on the monetary base, you will...
8 comments:
Wednesday, March 5, 2014

No promises, but two from Reddit

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For a long time, things that wanted to be written were waking me up in the wee hours. More recently, not so much. For the last month, the d...