tvhe.co.nz - 3/18/2009
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The Fed is going to buy some government bonds.
Now, if they fund this buy printing money - doesn’t this effectively imply that they are shifting the burden of their recession from taxpayers to bond holders? If so, isn’t this equivalent to a partial default on debt.
I ...
Quantitative and qualitative easing again
blogs.ft.com 1/12/2009 — The UK Chancellor, Alistair Darling, has been busy repudiating the notion that the British government was planning to ‘print money’ to prevent deflation and stimulate the economy. He was reported in the Financial Times (January 9th, ...
Plosser: The Fed must stop qualitative easing
creditwritedowns.com 10/22/2009 — In January, Ben Bernanke gave a very important speech at the London School of Economics where he laid out the Federal Reserve’s strategy in fighting the forces of deflation and market illiquidity ( see post with videos here ). His was a strategy that ...
Qualitative Hedge Fund Due Diligence
richard-wilson.blogspot.com 2/12/2009 — Qualitative Due Diligence Qualitative Hedge Fund Due Diligence Here is a short article excerpt from a piece discussing the growing importance of due diligence on more of a qualitative rather than quantitative level. The new hedge fund reality places even greater emphasis on due diligence, ...
U.S. Government Default?
gregmankiw.blogspot.com 1/14/2009 — Greg Ip reports : Thanks to the advent of credit derivatives -- financial contracts that allow investors to speculate on or protect against default -- we can now observe how likely global markets think it is that Uncle Sam will renege on America's ...
Quantitative easing
marginalrevolution.com 3/19/2009 — Bernanke will do it . I'm sitting in an airport, so here is a very quick take. It is cheaper and quicker than fiscal stimulus; this should have been our first move. It is more likely to work. There are two effects: ...
The Big Easing
modelsagents.blogspot.com 11/21/2008 — The more I think about it, the more I end up concluding that Ben simply lacks cojones . I mean, this is a guy who has made a career writing about the Great Depression; a guy who knows inside-out the menu of policy options available to a Central Bank, ...
Quantitative Easing
aleablog.com 12/3/2008 — From the Fed:
Q: Will these operations be reserve neutral?
A: No, these operations will be financed through the creation of additional bank reserves.
in FAQs: Purchasing Direct Obligations of Housing-Related GSEs
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Saving banks requires partial nationalisation
VoxEU.org 4/4/2009 — Hans-Werner Sinn , 4 April 2009 Banks’ balance sheets need to be fixed, but they cannot be allowed to shrink themselves back to health – instead of accepting government money – because that would severely harm the economy. This column proposes that ...