About securities issued by the U.S. Treasury Department, commercial paper, and bankers acceptances …
In a lead op-ed editorial in the Wall Street Journal on July 21, 2009, Federal Reserve Chairman Ben Bernanke revealed the Fed’s exit strategy with regards to the inflationary effects of the Obama “spending is stimulus” packages and other government measure to contain the current crisis. This article is mandatory reading for anyone interested […]
The theater of the absurd where US monetary policy is played out reached the height of the ridiculous when, on July 2, 2009, the Federal Reserve issued a press release advising the public to check with their banks to see the terms and conditions under which a bank may accept for deposit the “registered […]
Federal Reserve flow of funds table F.107 (Rest of the World) showed that foreign investors — that for many years had been the primary support of US bond and commercial paper markets — were conspicuously absent. […]
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