globaleconomicanalysis.blogspot.com - 10/22/2008
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Bernanke and the Fed have to be miffed over their lack of traction in addressing the credit bubble. Of course if Bernanke understood simple economics as explained in Impossible To Get Something For Nothing , he would not be doing the silly things he is doing such as running out of letters in his ...
econbrowser.com - 10/26/2008
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econbrowser.com —
On Thursday, the Federal Reserve issued its weekly
H.4.1 report , which provides details of the Fed's...
balance sheet. Once upon a time, this was one of the least interesting of the government's many releases of data. These days, it's become one of the ...
(more)
The Federal Reserve's balance sheet
econbrowser.com - 10/29/2008
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econbrowser.com —
There are plenty of things to worry about
in the current economic situation. But deflation isn't one...
of them. Greg Mankiw had a great article last weekend in which he challenged the view that macroeconomists have learned enough to prevent a repeat ...
(more)
Deflation risk
prospect.org - 10/27/2008
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prospect.org —
In the middle of our market economy sits
an island of central planning, the Federal Reserve. No...
president or Congress dares challenge the power of its chairman, Ben Bernanke.
(more)
Republic of the Central Banker
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FT Alphaville —
Elsewhere on Wednesday, - “In order to prevent the ‘Great Depression II’, the Fed and the Treasury have embarked on a series of measures similar in nature to those that caused the great depression .” - “‘It doesn’t matter how much Hank Paulson gives us,’ said an influential senior official at a big bank that received money from the government, ‘ ...
THE FINTAG NEWSLETTER @ 22 October 2008
FiNTAG - Hedge Fund News, Views, Opinions and Gossip —
... Fintag says Bail out this. Bail out that. And the tax payer doesn't blink. globaleconomicanalysis says " Fed Attempting To Prevent "Great Depression II" " HEDGE FUNDS WORLDWIDE POST RECORD LOSSES IN SEPTEMBER bloomberg ...
Best Quotes of October 2008
GoldSeek.com —
... related to leveraged players, particularly hedge funds, around the globe unwinding their trades. Those who have been short the dollar are now buying those dollars back. Those who have been long gold, oil, and other commodities, are liquidating their positions. This massive, though in my view misguided, rush to the exits is causing sharp counter-trend price movements. However once speculators have been flushed from the market, I expect the primary trends to return stronger than ever. Mike Shedlock, Mish's Global Economic Trend Analysis Here is the deal in even simpler terms. In ...
Related Content
Balance sheet of the Federal Reserve
econbrowser.com 10/8/2008 — I was astonished when I heard that the Fed is contemplating
increasing the Term Auction Facility to $900 billion. I wanted to take another look at the ever-changing balance sheet of the Fed to see how logistically Bernanke might be able to perform ...
Federal Reserve balance sheet
econbrowser.com 12/22/2008 — Here I survey how we got here, where things currently stand, and what it all means.
Let me begin by reviewing some first principles of what the Fed is all about. How did the cash currently in your wallet get there? You withdrew it from an ATM, ...
Oh No.... (Foreign Debt Bought by The Fed)
market-ticker.denninger.net 10/28/2008 —
And so it begins... and ends ... "Oct. 28 (Bloomberg) -- Korea Development Bank was approved by the Federal Reserve to sell as much as $830 million of commercial paper to the U.S. central bank." That's right - our Federal ...
Bernanke on the Fed's balance sheet
econbrowser.com 1/14/2009 — In remarks in London today, Fed Chair Ben Bernanke let the world know how he views the risks and benefits of the recent dramatic changes in the assets and liabilities of the U.S. Federal Reserve.
One of Bernanke's goals was to reassure the public ...
Contraction, not tightening
macroblog.typepad.com 2/7/2009 — Over at Financial Crisis and Recession , Susan Woodward and Robert Hall start a recent post, titled " The Fed contracts ," with this:
"The Fed has indicated that it plans to pursue a policy of quantitative easing , that is, expanding its ...
“Why is the Fed Paying Interest on Excess Reserves?”
macroblog.typepad.com 10/8/2008 — That’s the question that perplexes Alex Tabarrok . But he has a theory (which is endorsed by William Polley ):
“Today the Fed starts to pay interest on reserves. The zero interest on required reserves was an opportunity cost to banks, a tax if you ...
End the Fed
news.goldseek.com 2/5/2009 — Madame Speaker, I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a ...
Fed Stonewalling on Giving Details About Collateral Accepted for Loans
nakedcapitalism.com 11/8/2008 — In case you somehow managed to miss it, our friendly pawnbroker of last resort central bank has been taking lots of crap collateral in return for loans under its alphabet soup of facilities. As we are leaning in our housing meltdown, collateral ...
GUEST CONTRIBUTION - William Greider: Dismantle the Fed
prudentinvestor.blogspot.com 7/20/2009 — The calls for shutting down the Federal Reserve are rapidly growing into a chorus. William Greider , author of undeniably the best book about the Fed, " Secrets of the Temple - How the Federal Reserve Runs the Country " chimes in these days too. His book was my first milestone on the never ...
Federal Reserve Announces Commercial Paper Funding Facility
calculatedrisk.blogspot.com 10/7/2008 — From the Fed: Board announces creation of the Commercial Paper Funding Facility (CPFF) to help provide liquidity to term funding markets The Federal Reserve Board on Tuesday announced the creation of the Commercial Paper Funding Facility (CPFF), a ...
The Greenspan Effect: Oops —
The Big Money 10/24/2008
" I made a mistake ": words we never thought we'd hear from a central bank chief, past or present. In a dramatic grilling on Capitol Hill on Thursday, former Federal Reserve Chairman Alan Greenspan admitted that, oops, he may have placed too much ...