Tag: Fed

What Is Inflation And How Is It Measured

What Is Inflation And How Is It Measured

In emails I received and discussions I saw and experienced there is a strong belief that independent measures of inflation (e.g. www.shadowstats.com, the Chapwood Index) are false and not trustworthy. I wanted to address this issue and show you how […]

BoA – Throw Out Your Old Economic Texbooks

BoA – Throw Out Your Old Economic Texbooks

The money multiplier and velocity of money are two metrics that used to be highly informative measures for economists to monitor a country’s level of economic growth. Goldman Sachs’ Favorite Books List – Options/Derivatives The velocity of money or income velocity […]

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The Fed: Soviet-Style Economic Propaganda?

The Fed: Soviet-Style Economic Propaganda? “That,” I tell the Russian economist, “is quote-of-the-day material.” We’re sitting in this small conference room in the center of Moscow, talking of opportunities in a misunderstood, wrongly despised economy, when the conversation turns to […]

US Consumer Defaults Are On The Rise

US Consumer Defaults Are On The Rise

“Recent economic data including June’s payroll report and retail sales appear to suggest the positive momentum in consumer spending which emerged in Q2 is carrying over to start Q3. This picture, however, seems at odds with the rise in consumer […]