Daily Archives: November 17, 2011 @ 11:26 am (Thursday)

DJ Fed’s Bullard: Notion Of ECB Riding To European Rescue Unlikely -CNBC

Posted in ECB, Fed |

My big fat Greek MMT exit strategy

Due to popular demand, I’ve begun outlining a Greek exit strategy to exit the euro currency, and instead use its own new currency to provision itself: 1. The Greek government would announce that it will begin taxing exclusively in the … Continue reading

Posted in EU, Greece | Tagged , |

Signs of Disinflation (Hatzius)

And this Fed fears deflation a lot more than inflation: We see signs that the upside inflation surprises of 2011 have ended. Our new statistical summary of the price components of business surveys such as the ISM, Philly Fed, and … Continue reading

Posted in Fed, Inflation |

(RNC) Chairman Reince Priebus on the deficit

With the Republicans now willing to hike taxes out of fear of becoming the next Greece, the odds of the super committee going super big are increasing. ÔÇťAmerica has crossed an unthinkable threshold: our national debt now exceeds $15 trillion … Continue reading

Posted in Deficit, Government Spending |