…the prospect of default is the reason they will not negotiate about spending restraint, Republicans should begin the debt-ceiling fight by permanently eliminating that prospect, turning the debt-ceiling debate into…

…Debt” noted that U.S. fiscal policy since 1789 had strived to retire any debt created during major wars or recessions. In fact, the ratio of gross debt to GDP fell…

…So European markets are drying up, which means US companies will shed jobs, which means domestic purchases of US products and services will shrink. Win, win, win, right? Eurozone consumers…

…calculated yield on debt. That one can write down the debt marking it to market. This does not work. Investors do not want shares of a firm which claims profits…

…would require Congress to go to the bond market and attempt to borrow money there to make up for the money they have been “borrowing” from Social Security. Krasting predicted…

…buy and sell toxic assets for its own benefit and manage portfolios of toxic assets for others, all while holding or managing equity or debt securities of the banks and…

…the bonds are not affected by current interest rates, the $27 billion in 2009 bonds yielding 7.25% are going to add $1.95 billion to the Trust Fund no matter what…

…amount of bonds outstanding so they correspond to buying equal amounts of all corporate bonds in the Moody’s dataset (including all Moody’s rated bonds and some other bonds). So the…

…from the gold standard. Growth of the M2 money supply (currency, checking accounts, and savings accounts) slowed with the pace of mortgage refinancings after the jumps in bond yields in…

…inflation is falling, and employment growth has fallen. Furthermore, notice what’s happened to bond yields: they’ve also fallen significantly over the past couple of months. The yield on the 10-year…