Monthly Archives: February 2010

Connecticut senate race

Another hat in the ring? Financial analyst Warren Mosler considers U.S. Senate run By Daniela Altimari Feb. 26 — Mosler, a Manchester native who holds an economics degree from UConn, is currently living in the U.S. Virgin Islands. But he … Continue reading

Posted in Politics | Tagged |

david walker okays deficits???!!!

>    >   (email exchange) >    >   On Thu, Feb 25, 2010 at 12:54 PM, Roger wrote: >    >   am I reading this right? >    >   he seems to be admitting the difference between “structural” and nominal deficits, but >   is still fixated on debt/GDP ratios, … Continue reading

Posted in Employment, Government Spending, Inflation, Interest Rates | Tagged , |

updates

Markets are getting closer to the idea that: Interest rates don’t/won’t help QE doesn’t/won’t help With the larger point being coming to terms with the possibility the Fed can’t inflate, or do much of anything that actually matters for the … Continue reading

Posted in China, EU, Government Spending, Interest Rates, Obama, Politics, Trading | Tagged |

Warren presenting May 5 in Manila

Forum on “A Fresh Perspective on Critical Development Issues”

Posted in Emerging Markets, Government Spending, Inflation, Politics | Tagged |

China Commerce Ministry comments

Looking ugly. And a trade deficit and FDI not profitable due to higher costs can weaken the currency as well. 25Feb10 RTRS-CHINA COMMERCE MINISTRY SEE NO CLEAR EXTERNAL DEMAND REBOUND -SPOKESMAN 25Feb10 RTRS-CHINA COMMERCE MINISTRY SAYS WILL TAKE TWO-THREE YEATS … Continue reading

Posted in China | Tagged , |

Japan at Tipping Point as Debt Approaches Assets

The tipping point is the point where the deficit spending finally is sufficient to create enough aggregate demand to restore output and employment. Probably not quite there yet. And moves towards ‘fiscal responsibility’ further delay the restoration of output and … Continue reading

Posted in Currencies, Government Spending, Japan | Tagged |

More Bernanke testimony

>    >   (email exchange) >    >   On Wed, Feb 24, 2010 at 10:37 AM, wrote: >    >   It’s not worthy of any comment, other than to show that even the Fed doesn’t >   understand its own operations: >    “These constraints will discourage institutions from … Continue reading

Posted in Banking | Tagged |

Bernanke testimony

Karim writes: Generally more upbeat on economic conditions….the ‘2 Es’ remain, but adds high-profile qualifier ‘ALTHOUGH’…watching Q&A Final Demand Private final demand does seem to be growing at a moderate pace, buoyed in part by a general improvement in financial … Continue reading

Posted in Credit, Employment, Interest Rates | Tagged |

Bernanke re default

This from Q&A following Bernanke testimony: Barney Frank: Do you think there is any realistic prospect of America’s defaulting on its debt in the near future? Bernanke: Not unless Congress decides not to pay….

Posted in Fed, Government Spending | Tagged |

ECB likely to extend lending unlimited funds at fixed

At least part of the ECB has repeatedly shown they do understand monetary operations and that it’s about price and not quantity. Subject: RTRS-ECB LIKELY TO EXTEND LENDING UNLIMITED FUNDS AT FIXED RTRS-ECB LIKELY TO EXTEND LENDING UNLIMITED FUNDS AT … Continue reading

Posted in ECB | Tagged |