Um. Who knew?…

Normalizing Foreign Trade Relations  The Biden admin has not yet made moves to undo elements of Trump’s trade war, and some parts of it may not get undone, perhaps especially…

…gold reserves). Runs on bank deposits would be impossible, because the outfit that issues reserves and currency can’t run out of reserves and currency — any more than a bowling…

🙂 Canadian reserves make mouths water: When the U.S. Department of Energy formally acknowledged these reserves in 2003, it vaulted Canada’s oil reserves from 21st to 2nd in the world,…

Weakening the Reserves, Again The Pittsburgh Post-Gazette is reporting that a Western Pennsylvania based Reserve MP Company has returned home and is fundamentally demobilized as of yesterday. Congratulations and welcome…

…be positive throughout the 75-year projection period and that the level of trust fund reserves at the end of the period be stable or rising as a percentage of the…

…income would initially be substantially greater than expenditures, and trust fund reserves would accumulate rapidly. Subsequently, however, non-interest income alone would be inadequate, and reserves would be drawn down to…

…the vast powers of financial repression. The Fed can force depository institutions to leave their vast excess reserves in Federal Rserve banks by redefining them as required reserves. More generally,…

…is to be bought out. With $Trillions of reserves on the block, who can blame you? Buying you out might be best. Certainly better than continuing to burn your products….

…for the fourth time out of the last five weeks, as the IEA countries joined the US in an unprecedented release of emergency oil reserves . . . after falling…