Posts Tagged ‘Money Supply’

If the Fed has created so much new money, where is the inflation?

Friday, 08 February 2013 11:00 Written by Bob Adelmann 0 Comments

The real world is about to disrupt standard Keynesian thinking. It’s about time.

Is the Fed running out of bullets?

Friday, 04 January 2013 06:46 Written by Bob Adelmann 0 Comments

The Fed won’t run out of bullets until they run out of digits.

Proposed Changes to US Currency Symptom of Much Larger Disease

Thursday, 29 November 2012 19:00 Written by Bob Adelmann 1 Comment

Within days of each other, two announcements concerning the future of the US currency appeared in the popular press, and each avoided any mention whatsoever of the primary driver of the changes. First was the announcement on November 26th from Secretary of the Treasury Timothy Geithner that the U.S. Mint will begin removing pennies and nickels [...]

Austrian School Economics in Estonia

Saturday, 20 October 2012 13:19 Written by Bob Adelmann 0 Comments

For many, Austrian school economics is theoretical nonsense. It’s nice to read about. It’s nice and logical. It’s common sense economics. But it really can’t apply to the real world. After all, with paper currency backed by nothing and central banks running the show, Austrian thinking is strictly theoretical. Or maybe not. Frank Shostak, a [...]

Is QE3 a Myth?

Thursday, 18 October 2012 15:21 Written by Bob Adelmann 0 Comments

Graham Summers, writing for ZeroHedge, has pointed out that Fed head Ben Bernanke hasn’t done any new buying of securities despite his promise to do so back in September. The Fed publishes its balance sheet. You can see it here, in graphical form. As Summers said, if Bernanke was buying, how come the measure of money [...]

The Fed is Losing Its Credibility?

Saturday, 06 October 2012 19:04 Written by Bob Adelmann 0 Comments

The Federal Reserve’s promise to hold borrowing costs at record lows into 2015 risks a loss of its credibility and a downward spiral in financial markets, according to the Center for Financial Stability. The Center for Financial Stability (CFS) is a relative newcomer to the field of financial analysis, a think tank dedicated to providing the public [...]

The Fed is Playing With Fire

Thursday, 04 October 2012 06:44 Written by Bob Adelmann 0 Comments

Bernanke is a fool…a complete and utter fool. He thinks he’ll be able to quench the conflagration that he is deliberately starting.

Ron Paul, QE3, and Unintended Consequences

Thursday, 27 September 2012 06:53 Written by Bob Adelmann 1 Comment

When will this insanity stop? When the currency is totally worthless.

Another Uninformed Attack on the Gold Standard

Monday, 03 September 2012 09:23 Written by Bob Adelmann 0 Comments

Charles Lane: The Failing Case for Gold As history abundantly demonstrates, the gold standard would not immunize the economy from financial crises. Imposing it would, however, render the central bank powerless to respond to them, as it could not readily expand credit or act as lender of last resort to solvent institutions. Here is another [...]

The World is Waiting for Jackson Hole

Friday, 31 August 2012 06:52 Written by Bob Adelmann 1 Comment

This is a no-win situation for Bernanke. He can’t reduce interest rates any further, he doesn’t want to expand his already bloated balance sheet, and he doesn’t want to appear as though he is ineffective. What a charade!