…Full Faith and Credit or in fact obligations that are under the control of that government and are largely in held as rolling reserves for various programs that ideally will…

…of us know by now the Social Security Trust Funds are required by law to maintain its reserves/balances in interest earning securities guaranteed as to principal and interest by the…

…paid on the deposits of banks at the ECB to a negative 0.1%, thus penalizing the banks for not using their reserves to make loans. Second, it is setting up…

…or overstate their reserves (leading to a financial crunch for suckers who buy late). Bottom Line: A carbon tax is technology-neutral. It would NOT have supported the ethanol fiasco and…

Guest post by Bruce Carman. He first comments on an article from Jeremy Grantham who says that a coming bubble is likely. “. . . There are massive reserves of…

…Banks are required to keep their capital ratios high. If they stop providing support to hopeless companies and let them go belly up, they have to set aside more reserves…

…have another $2.8tn of funds sitting idly at the Federal Reserves…. If just a tiny proportion can be deployed, the economic impact could be significant. And if a few tangible…

…of Japan’s Governor, Haruhiko Kuroda. Basically, companies need to use their increased profits and reserves to raise labor’s pay. If companies do not raise labor’s pay significantly, Abenomics will fail….

…their budgets. Furthermore, the Federal Reserve’s discontinuation of quantitative easing has cut off a major flow of funds to emerging markets. Because of this change, emerging market demand for oil…

…has stimulated an appreciation of the trade-weighted exchange rate. The combination of increased expenditures and a currency appreciation will fuel a decline in net exports, although the drop will be…