As far as I can tell, anything less than 2% inflation is a "Deflation Death Spiral". Fear of the deflation bogeyman is reaching absurd levels....
Actually, the CIA is a front company for Goldman Sachs.
Hmm... 5 billion is the amount GMAC got from TARP. 60 days is the the amount of time GM has to present the new plan for viability. Coincidence?
Easy. These numbers are completely made up, I don't know what they are, but this illustrates the concept. In a given year, the government...
$488 billion in 2008. Note that a budget year ends Sept 30, so TARP etc count towards the 2009 budget. No worries, though, Obama says he plans...
I know people who believe "fractional reserve banking" means that a fraction of the banks total deposits are kept at your local branch, and the...
The salary freeze for government workers applies to 100 government workers. Even less than a drop in the bucket. Number of lobbyists thrown out...
After watching some of these hearings and listening to the questions, I've decided Bob Corker (I think that is who it was) is the only Senator on...
Hopefully he means Liesman? I put Macke in with Santelli as the only two I can tolerate.
I'm not sure what you guys are expecting. Yes, you have heard over and over how this season will be a catastrophe, worst ever on record, etc. But...
credit crunch = having actual lending standards
It is public debt plus private debt.
I don't know what it means, I was just doing some math. In 1929, GDP was 101444 M, from the chart Debt/GDP was about 175% Total Debt/101,444...
Looking at that chart, I find it hard to believe that credit expanded so much from 1929-1933. I assume the spike on this chart during those years...
I'm guess I'm on the other side of everyone's trade. I think Paulson has done OK with the $700 billion. From the beginning, I thought it was about...
Pretend I am in idiot (it should not be hard :)). Forget the debt, getting back to inflation. Are you saying steep inflation can only be caused by...
Many people who follow the Fed's balance sheet now acknowledge the Fed is engaged in "quantatitive easing". Do you not consider this "simply...
At the risk of asking a stupid question, why can't the automakers just borrow from the Fed's commercial paper facility?
I would get rid of the Fed but.... Given that our money can be created out of thin air by running the printing press (or at this point, simply...
"The current veteran UAW member at GM today has an average base wage of $28.12 an hour, but the cost of benefits, including pension and future...
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