…order to reduce debt levels by another 11 percentage points of GDP for a decade more. If firms run excess saving balances, then they’re not investing in future profitability via…

…of each President’s term. The data are from the Fed’s Flow of Funds Accounts. The sector financial balances model of aggregate demand posits that fiscal policy must shift in order…

…through statements made by Fed officials and head to that rate anyhow. A second quote from the same source: A prominent seasonal factor affecting deposits is the buildup in balances…

…of Trust Fund balances, which for this purpose score as a part of total Public Debt. To make it worse interest not paid out in cash gets transformed into new…

…payroll. Therefore, the changes in the plan would lead to a 0.22 surplus. Trust fund balances in the last year of the actuaries’ projection period are positive and increasing. (See…

…in the Debt to GDP ratio. Basically, it boils down to this simple observation: it is foolish, dangerous, and thoroughly counterproductive to treat fiscal balances in isolation. In particular, setting…

…balances on this industry, so that its quest for profits doesn’t push every other consideration aside. But there aren’t such checks and balances. A study done by Ralph Nader’s Public…

…wary of the clamor for retribution. Congress failed. The press failed. The judiciary failed. With almost three thousand dead, America’s checks and balances got skewed, from the Capitol to Wall…

…5.0%, the total effect was a near wash. The 2008 Report will likely see a bigger effect and the 2009 even more on projected balances but those $290 billion in…

…now. Cash is definitely liquid. Other assets, such as the balances of checking accounts, are very similar to cash. Such balances are counted in estimates of total “liquidity” here a…