A quick comment on China’s RRR cuts: The underlying mechanics of Chinese RRR cuts and their implications for the country’s monetary policy stance still seem…
No, Mr. Krugman, Bernanke’s Conundrum is Completely Different
By Pavlina R. Tcherneva Our mainstream colleagues keep banging their heads against the wall. “Why, oh why wouldn’t Chairman Bernanke do more to rescue the economy?” Today Paul Krugman took on this question again, arguing that Chairman Bernanke should listen … Continue reading →
No, Mr. Krugman, Bernanke’s Conundrum is Completely Different
Paul Krugman, the Princeton University economics professor, Nobel Prize winner, and regular New York Times op-ed contributor says, “Debt matters, but not that much.”Not only…
The Fed was hit with withdrawals of $83.3 billion last Wednesday, the largest withdrawals from its deposit accounts that were not associated with quarterly tax…
One of the macro liquidity indicators that I track in the Wall Street Examiner Professional Edition Fed Report shows the apparent reason why US financial…
July 6, 2011
Goldman Took Biggest Loan in Federal Reserve Program
By BLOOMBERG NEWS
A unit of Goldman Sachs took the biggest single loan from a Federal Reserve lending program whose details have been secret until now.
The Goldman Sachs unit borrowed…
Cambodiabear: Viets prefer to hold USDs rather than the dong as the gov’t has been printing like mad. The gov’t even scaled back the importation of gold to prevent ppl from protecting themselves but gold shops opened at the casino area at the Cambodian…
The Fed bought $2.1 billion as expected today to complete the monthly round of purchases. The next monthly round should be announced on Monday or…
We got to see the effect of the Fed’s first round of permanent open market operations in the new balance sheet stabilization program this week…
We have seen for years that when the Fed conducts Primary Dealer pumping operations—let’s stop kidding ourselves by calling them “Open Market Operations”—that the stock…
