The "Fair Tax" coming soon?  share 23 hours ago by ΛΕΟΝΙΔΑΣ For each of the last six years a bill has been introduced in the U.S. House of Representatives by Congressman John Linder (R-Georgia) which would eliminate the Federal income tax and replace it with a sales-like tax on all commercial transactions in the US. The bill (HR 25) which currently has 55 co ... Fighting in the Shade™ - fightingintheshade.blogspot.com ·  10 references |
| A funny thing happened on the way to the federal funds market share 1 day ago by David Altig Since the beginning of this year, the effective funds rate in the market for reserve balances has varied between zero and about 15 basis points below the interest rate the Federal Reserve pays on those reserve balances (see chart below, which runs through July 2). A vexing issue has been the fact th ... macroblog - macroblog.typepad.com/macroblog · Rank: 10,786 · 117 references |
| Why deflation is a threat and why it cannot be stopped share 1 day ago by Dirk Deflation is a major threat for our economies. Though inflation has been falling for a long time, until now there has been almost no concern about deflation. This lack of regard is probably due to the macroeconomic theories that the mainstream has embraced. Money is not properly understood, and the ... econoblog101 - econoblog101.wordpress.com · Rank: 161,061 · 7 references |
| QT on the QT (QE, RIP) share 1 day ago by ssumner A cute title to a deadly serious post. This is the one that should have been entitled “J’accuse.” Let’s start with a Harper’s Index-style list of interesting facts. 1. A few years ago Bernanke said Friedman was right; the Depression was caused by tight money by the Fed. The Fed did cut interest rate ... TheMoneyIllusion - blogsandwikis.bentley.edu/themoneyillusion · Rank: 3,202 · 107 references |
| Monetary Policy At War With Itself share 1 day ago by Mario Rizzo by Mario Rizzo It is well-known that John Maynard Keynes favored permanently low interest rates in order to foster adequate and stable investment demand. Let us first focus on stability and then we’ll see a connection to adequacy. What happens when counter-cyclical policy (aka Lerner’s “functional f ... ThinkMarkets - thinkmarkets.wordpress.com · Rank: 6,224 · 111 references |
| Sweden Rates Go Negative share 1 day ago by longnshort Image via Wikipedia Riksbank, Sweeden’s central bank cut the deposit rate to -0.25% effectively charging savers interest on deposited money. DATE 2/07/2009 The weak development of the economy requires a somewhat more expansionary monetary policy. The Executive Board of the Riksbank has therefore dec ... GoToGuy.com - gotoguy.com · Rank: 119,510 · 3 references |
| “We should want to do more” share 1 day ago by ssumner Grammar is not my strong suit, so you guys will have to help me here. Does the title of the post mean: 1. We want to do more, and can. 2. We want to do more, but cannot. 3. We should want to do more, but don’t want to. 4. I want to do more, but the others that [...] TheMoneyIllusion - blogsandwikis.bentley.edu/themoneyillusion · Rank: 3,202 · 107 references |
| Assessing The 2010 Budget share 2 days ago by Policy Court Opinion of the court, delivered by Nicole Adams, signed by David Lamb: Three decades ago, Alfred Kahn, then an economic advisor to President Carter, warned Americans that double-digit inflation and a stagnant economy might give rise to “the worst banana in forty-five years.” Although Mr Kahn’s word ... Killer Buffalo - killerbuffalo.com · 18 references |
| Sweden goes negative share 2 days ago by ssumner As you were drinking your morning coffee I’m sure you were filled with the same sense of excitement as I was—Sweden has adopted negative interest rates on reserves! Well, sort of. (HT — Malavel) Here is the story from Forbes: STOCKHOLM, July 2 (Reuters) - Sweden’s Riksbank cut interest rates to a fr ... TheMoneyIllusion - blogsandwikis.bentley.edu/themoneyillusion · Rank: 3,202 · 107 references |
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