BloombergBill Bonner
Money and Inflation to think about money as currency which is printed by the central bank (eg, the Fed) and dropped on the economy from a helicopter. When we discuss Quantitative Easing, we'll become much more precise about what "printing moneyC... C Foote - 《Money》 被引量: 3发表:...
Talk to anyone on Main Street, Wall Street, or the media, and you'll constantly hear the phrase "the Fed's printing money." But talk to Bernanke himself, and he'll tell you with a straight face that the Fed is not printing money. Where does this discrepancy in interpretation come from?
Currency devaluation may lower productivity, since imports of capital equipment and machinery may become too expensive. Devaluation also significantly reduces the overseaspurchasing powerof a nation’s citizens. Below, we look at the three top reasons why a country would pursue a policy of devaluation...
Advertising doesn't have to be expensive to be effective, of course. But McDonald's deep pockets give it a clear advantage. ___ PRINTING MONEY The recent sales decline in the U.S. is squeezing franchisees, who still have to pay for fixed costs like labor and electricity. But Mc...
I don’t mean to exaggerate its importance. A small but growing contingent of Europeans want a Plan B away from potential large scale war in Europe. Portugal has historically been a safe haven, and its islands of Madeira and the Azores even more so. I believe we’ll increa...
China has tight, state-dominated control over its economy and can manage inflation through other measures likesubsidiesandprice controls. Other countries don’t have such a high level of control and have to give in to the market pressures of a free or partially free economy. ...
So we can see that while the central bank's balance sheet does expand, the only impact in the private sector is to change the composition of the banks' balance sheets, exchanging bonds for reserves. The total assets of the private sector don't change. Hence no money is being created any...
There has also never been a time comparable to the last 22 months when the largest 25 banks were bleeding deposits while the smaller banks were growing deposits. (See the chart above.) To get our minds around today’s situation, we made another chart using Federal...
This is getting hard to believe. The announcement that Japan has plunged into a triple dip recession should have been lights out for Abenomics.