Monday, 24 July 2017

Monthly Archives January 2012

The Financial System Drinking Game

Posted by Gonzalo Schwarz
January 27, 2012
in Humor

This will make you think twice about opening that bar tab. Explaining Modern Finance And Economics Using Booze And Broke Alcoholics Submitted by Tyler Durden on 01/27/2012 14:08 -0500 Courtesy of reszatonline, who brings us the following allegory by way of Tim Coldwell, we are happy to distill (no pun intended) all of modern economics and finance […]

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America’s Dirty Laundering

Posted by Tyler Watts
January 26, 2012

 No matter how many times they clean it, the fresh ink stains just won’t go away. Forget, for a moment, about all the horrible economic damage the Fed is responsible for, according to its critics. News that just came out about the Fed’s massive payout to the Federal government ought to, by itself, raise the […]

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Are the Fed’s Zero-Interest Rate Policies Too Expensive?

Posted by Gonzalo Schwarz
January 26, 2012

The cost to America’s economy, by destroying savings and price signals, is too great; the power of the Fed must be rolled back, then eliminated. By DAVID MALPASS @ The Wall Street Journal On Wednesday the Federal Reserve shared its thoughts on the course of interest rates—but not on the implications for the value of the dollar. […]

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Meet the New Federal Reserve Board Members…

Posted by Gonzalo Schwarz
January 26, 2012

…definitely not the same as the old board members.   From CNNMoney: “It’s a new year. And that means a new, and probably less divided, Fed. The Federal Reserve is playing its annual game of musical chairs, rotating voting members on its policymaking committee. While the Fed board of governors and the president of the New […]

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What Does it Really Mean to “Peg” Money?

January 24, 2012

For economics, money seems to be the exception to the rule, the thing that the market cannot provide by itself.  Therefore, it is said, the economist and the government must step into the market (in the form of a central banks and regulators) to manage the money supply and regulate the banking sector more skillfully […]

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Take the Gold Pill if you want to wake up.

Posted by Gonzalo Schwarz
January 23, 2012

Is a new Gold-backed dollar the best way to begin phasing-out the Fed? John Allison is the former chairman and CEO of BB&T, the nation’s 10th-largest financial holding company. He was named one of the 100 most successful CEOs by the Harvard Business Review and since 2009 has been on the Wake Forest University Schools […]

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