…Large business and financial institutions do not leave large sums sitting around not earning interest. For the most part firms invest idle balances in T bills. This reached the point…

…vice versa) which was bought by Bank of America. The old checks still worked. Then Bank of America began charging $10 a month for accounts with balances below something. Now…

…current account balances (and trade) accordingly. Germany spends more at home and abroad, while the Periphery less so. This does seem to be occurring according to the Federal Statistical Agency:…

…confusing flows with stocks. Savings is a flow. Money from savings goes into the stock of financial assets — cash in mattresses, bank account balances, CDs, stocks, bonds, collateralized debt…

…currency fair value is a contentious topic. (more after the jump) * The NY Fed makes available balances through 1999 only, so I am unable to ascertain the impact on…

…sector to simultaneously reduce fiscal and private deficits is for foreigners to dissave (foreigners run large CA deficits). (See a previous post of the 3-sector financial balances model here.) Given…

…of—the Social Security “Trust Fund”: The balances in trust funds have accrued because income associated with those programs has exceeded the expenses; when that happens, the surplus cash flow is…

…to $2.98 billion; Board of Governors of the Federal Reserve System 1943, 371). The buildup of excess reserves alarmed Fed officials, who feared that these “idle” balances might permit a…

…end in the near term, the millionaire Senate balances the budget on the backs of the poor who depend upon Food Stamps . . . 41 million citizens in 2010…

…Social Security any year in which Trust Fund balances are positive scores as equally positive for deficit calculations and if we examine the appropriate table Table IV.A3.—Operations of the Combined…