…probably mean no more than roughly triple that amount less in projected year end balances. That is against an Intermediate Cost projection of $2.647 trillion we might end up with…

…house, because otherwise I won’t be able to keep myself from spending it. Cash and the balances of checking accounts are very liquid and people with spending problems may rationally…

Near the end of each month the Treasury Dept releases Trust Fund Reports giving balances to the penny for the previous month. By comparing these balances to the projection in…

…a non liquid asset, say a house, because otherwise I won’t be able to keep myself from spending it. Cash and the balances of checking accounts are very liquid and…

…served as a buffer to protect retirees benefit checks from temporary fluctuations in revenue through such things as spikes in unemployment. Second: while the Trust Fund balances are reported in…

…just how deeply we really need to encroach on our civil liberties to assure our national security, and on the extent of the protections, checks and balances, that should remain…

New figures were just released this morning about the US current account deficit during the April-June period of 2005. From the BEA release: The U.S. current-account deficit–the combined balances on…

…the slowing of refi activity, and has no economic impact whatsoever. 2. Another cause has to do with the effects of cash-out refinancings. People built up large balances in their…

…the only measure of money that includes reserve balances. Increasing the quantity of reserve balances (hence the monetary base) does not magically increase either P or Y. Cross-posted at Asymptosis….

…real balances reach the same equilibrium value so the added money exactly equals the present value of added losses due to inflation. Krugman did the math right (he tenda to)….