June 06, 2009 –
I wonder what happens if the Treasury cannot place all the U.S debt that will be coming on the market. That is to day what if private investors are cannot absorb the supply of US Treasuries?
Will the fed print money and inflate?
Will the government lower debt
May 11, 2009 –
I was told recently that political ideas should not be judged on their "political" viability or on some "ideal" but on the thought behind the idea. I think this is sort of a bunch of crap! However, if you are not restrained by the political reality or legacy systems some ideas become interesting to contemplate. [more]
May 03, 2009 –
The Dallas Fed reported that interest rates should be at -5% to stimulate growth. Of course the fed cannot pay people to take money so the Fed will keep rats at 0-.25% for a long time. The Fed is also in the middle of quantative easing, or injecting billions of dollars into the economy by buying Treasuries or Fannie and Freddie debt. [more]
April 27, 2009 –
A few banking myths [more]
April 19, 2009 –
"In order for what you advocate to come true (the US to rebalance the economy adding production, reducing consumption, and services)....wages in America will have to become competitive with productive nations.....if wages dropped to those levels....we would have to restructure the pricing of almost everything and most would go bankrupt as debt and fixed costs would no longer be servicable..... [more]