"House rich & cash poor": Why Social Security can’t be Raided(Part 2)
…Special Issues are just as good as cash, in fact they pay interest on them just as the Federal Reserve does on reserves deposited with it by member banks. Which…
…Special Issues are just as good as cash, in fact they pay interest on them just as the Federal Reserve does on reserves deposited with it by member banks. Which…
…“excess reserves” as part of our losses. We can even make a fool out of Allan Sloan. Oh, and by the way, we don’t “just spend taxpayer money,” like those…
…in the wake of the S&L crisis of the 1980s that require Texas financial institutions “to keep larger capital reserves and take on fewer problem mortgages than were seen elsewhere…
by Beverly Mann Judge Sutton Channels … Me?? Sixth, the anti-commandeering principle of the Tenth Amendment adds nothing new to this case. True, the Tenth Amendment reserves those powers not…
…times in the past 30 years. 4. During this same period, medical malpractice insurers vastly (and unnecessarily) increased reserves (used for future claims) despite no increase in payouts or any…
…in mattresses. Financial-Institution-shaped mattresses, but mattresses nonetheless. The velocity of monetary reserves is 0. So the weighted-average velocity of money is much less than the standard formula would imply. There…
…currency debt by Fitch and S&P (BB+ on its foreign currency debt). The local currency debt in Egypt is at the lowest of the investment-grade ratings, while on January 20,…
…enact far reaching reforms on nations seeking aid. The lesson learned – never, ever run a current account deficit. Accumulating massive reserves is the absolute only way to guarantee you…
…protected throughout its history by the wall represented by a dedicated payroll tax and a Trust Fund whose reserves were drawn from that same stream. This Administration just breached that…
…reserves, and foreclosure properties); it had to issue only permitted REMIC interests consisting of “regular interests” that were treated as debt for tax purposes under the tax code and one…