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Romney’s VERY Private Equity (with UPDATE)

…extent that information about them is publicly available. Romney is now likening overseas bank accounts and shell/money-laundering corporations to investing in real overseas companies—as if investments in overseas companies guarantee…

QE 2 and breakevens

…dollar open market shift. My view is that the problem was the Fed traded money for the most money like asset which wasn’t trading as a perfect substitute for money

Thinking About the Fed

…construct, and it has much conceptual appeal. “Government” issues new money through Treasury spending, and Fed open-market and QE operations are basically fiddling around the edges of the money “supply,”…

13.9% Just Under 15% ?

…getting the rate under 15% requires considerable effort. As a businessman consulting with his lawyers and accountants, Romney doesn’t leave money on the table (it’s not the money it’s the…