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August 2009

Recs

23

Steve Saville: Bank Reserves and Inflation

August 25, 2009 – Comments (7)

Yet another must-read article by Steve Saville. It dispels the "standard economics textbook" notion of the fixed money multipler (which he had discussed months ago in this article). These particular paragraphs are great:  [more]

Recs

25

Steve Saville: Withdrawing the Stimulus

August 11, 2009 – Comments (7)

Another fanastic must-read article by Steve Saville. It dispels the whole "gas-pedal" analogy that the Fed often uses with respect to controlling inflation.  [more]

Recs

15

Steve Saville: Getting Some Things Straight Regarding China

August 05, 2009 – Comments (0)

This article presents a not-often-heard description of the US/China seesaw. As always, Saville has a unique take on the situation, and this one is definitely worth a read.  [more]

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