…Germany at the beginning of World War II, much like Iran then, it gradually shifted to the Allied side, with FDR declaring the protection of Saudi oil reserves a US…

…the Social Security “tax.” It’s not pockets, it’s people. “The built up reserves of the trust funds are projected to run out by 2034, at which time payments to recipients…

…sorry) and also can be gotten to at larrysummers.com/2017/08/14/why-the-federal-reserves-job-will-get-harder. He is focused on the upcoming ending of the term of his rival as Chair of the Fed, Janet Yellen, and…

…asset swaps in the existing-asset markets (eg cash exchanged for stocks or bonds or land titles) — or lending and borrowing. The FFAs — which are heavily based on NIPA…

…there are “sudden stops” as foreign investors pull out their funds, putting pressure on fixed exchange rates. Contagion may carry the revulsion across national boundaries. The end, Kindleberger wrote, comes…

…(eg cash exchanged for stocks or bonds or land titles) — or lending and borrowing. The FFAs — which are heavily based on NIPA data — have much greater ambitions,…

…B and so much back to A only if A makes no complaint and the rest back to A even if A complains. So A reserves the right to make…

…that off for another year or possibly two. Short term financial inadequacy means that in ten years the Trust. Fund reserves will fall below the level of one full year’s…

…obviously, by QE: the Fed bought a bunch of (variable-priced) bonds from the private sector, swapping Fed fixed-price reserves in return. So MB went way up. This velocity measure/ratio is…

…for the IPO, with the last candidate being the exchange in Riyadh. There were reports that what was originally planned to be a public offering had turned into a private…