…farming operations in the US and world. I won’t summarize the fascinating, well-written story, but here are some notes I took on the way: During a conflict over flows from…

…‘deficit’ and ‘debt’. A ‘deficit’ is basically an accounting convention, it is worthwhile to calculate various gaps between income and cost. But not everything labeled ‘income’ actually represents cash extracted…

…with retail sales growing at a rate of 17.5% over the year and broad money growing at a 27.7% pace in 2009, prices hikes are bound to spread. We already…

…best available evidence suggests that declines in global trade finance have not had a major impact on trade flows. Policy responses aimed at shoring up trade credit were early and…

…of the peso, as the foreign capital inflows are primarily from $US-denominated government bond issues (little equity flows). It’s kind of interesting that the government is concerned about the appreciation…

…though, it appears the Fed was so focused on preventing its credit easing program from destabilizing the money supply that it overlooked, or least underestimated, developments with real money demand…

…“The Fed Didn’t Cause the Housing Bubble” denies that the “easy money” policies of the Federal Reserve produced the U.S. housing bubble “that is at the core of today’s financial…

…a business decision. It is important to remember that we have recently faced a situation where the major money-center banks would have been (we didn’t have FASB 157) insolvent on…

…Labour party and the media. So, what are you thinking? Money and more money, of the world market…total conservative. Certainly eccentric, if not a little paranoid regarding the communist bogyman….

The abstract of Job Flows and the Recent Business Cycle: Not All ‘Recoveries’ Are Created Equal by R. Jason Faberman reads: The last two economic downturns are notable for their…