Sunday, April 26, 2020

Learn Economics Topic Twenty Nine

Wall Street and the Fed:

Paul Krugman Wants to Bless Us But It Is Mostly for Wall Street

Why Delaware Exists

The Fed Scares Everyone About Treasuries from Time to Time. Is It a Scam?

Did Goldman Sachs Have Anything to Do with Market Volatility?



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Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)

Tuesday, February 25, 2020

Learn Economics Topic Twenty Eight

28. Leading Indicators, Recession and the Federal Reserve:

Dr Lambert's Effective Demand Recession Indicator

The Teetering State of Retail

Interest Rates Are Not a Leading Indicator

A Great Depression Lesson for Our Time

Tim Duy's Fascinating Take on the State of the Economy

Tim Duy: Stocks Won't Crash; Look for These Indicators


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Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)

Wednesday, February 5, 2020

Learn Economics Topic Twenty Seven

27. Inflation, Reflation, CPI and PCE:

Top Ten Reasons the Fed Raises Interest Rates When There Is No Inflation

Fake Inflation Expectations Meet Good and Bad Inflation

Reflation Cannot Save Trump From a Painful Recession

Fed VP Williamson Destroys Inflation Hawks

Larry Kudlow's Strange Views About Inflation

Trumponomic and Great Recession Nuggets from Market Monetarists

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Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)


Sunday, December 29, 2019

Learn Economics Topic Twenty Six

26. Macroeconomics:

Stock Markets Fear the Fed More Than War

Scott Sumner's 15 Minute Macroeconomics Lesson

Pros and Cons of Attacking the Federal Reserve Bank

China Could Be the Next Basel Victim or Not

Trump May Shrink Shipping and Air Shipping Capacity Utilization

Trumponomic and Great Recession Nuggets from Market Monetarists

Trickle Down Didn't Work for Trump, Bush and Hoover. Here's Why

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Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)

Wednesday, October 30, 2019

Learn Economics Topic Twenty Five

25. Interest on Bank Excess Reserves:

The Fed Did Not Save Real Estate But Gives Banks Welfare Checks

The Fed killed all subprime real estate, but it all didn't deserve the death penalty. In return for this Fed behavior, banks now get welfare checks from the people of the United States of America while GDP declines.

Negative Rates Bad, Negative IOR Good Says Scott Sumner. The IOR Debate

Speaking to differences between negative interest rates and negative IOR, as well as to the debate between the market monetarists and Cullen Roche on the impact of interest paid on reserves.


----------------------------------------------------


Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)

Thursday, October 3, 2019

Learn Economics Topic Twenty Four

24. Economic Alchemy (Turning Lead Into Gold):

Keep in mind that scarcity of bonds happens when there simply aren't enough of them. Big deficits like Trump deficits create a different problem, a surplus of bonds, and/or a lack of cash, either due to systemic errors or due to banker shenanigans. However, to be clear, as we approach the zero lower bound, the problems for banks will increase, and they are fighting to stop the relentless flow toward negative interest rates. 

BIS Explains Repo but There Is More With the Banks

Obviously, Trump woke up a sleeping giant with the banks. He is still calling for lower rates from the Fed, which actually has a responsibility to keep the banks solvent, squeezing the Fed.

The Derivatives Monster Creates a Bull From Capital, Not Labor

As we approach zero lower bound toward negative interest rates, there is a dangerous combination of bank weakness and extra slow growth that will result. Siphoning off capital takes place as interest rates generally decline, and it is a dangerous game.

Will the Fed and Central Bankers Give Up Alchemy to Save the World?

The Fed and central banks engage in alchemy. You can see that it really works but it hurts the real society, and central banks need to give up this magical power. But will they?

The False Economy; R-Star Estimates Bleak

[President Donald Trump changed his mind from what was originally written in this article. He has gone for lower and lower interest rates, which are really a slow growth trap as we approach zero and negative rates. They only keep stocks going. But the original description was]: The discussion about the Fed policy is significant if only to illustrate that raising rates at the low end has had little effect on the long bond due to Greenspan's "conundrum."

Economists Reveal Massive Market Forces in Bonds Before and After QE

The interest rate on Treasuries is lower than it would otherwise have to be because part of the demand for Treasuries comes from their use as safe debt. Treasuries are essentially money.

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Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)

Thursday, September 5, 2019

Learn Economics Topic Twenty Three

23. Modern Monetary Theory (MMT):

Modern Monetary Theory and Its Bad Assumptions

Modern Monetary Theory, or MMT, makes assumptions that are simply not valid. Modification is in order.

Is the Fusion of MMT and the Green New Deal Creating a Cult?

The fusion of MMT with the Green New Deal compels followers of both to seek changes that will trample the rights of many.

Fed Will Crush Trumponomics and MMT--Bond Yields Capped

The Fed deals with Trump spending mania on the right (Trumponomics), and will do so if necessary, with Modern Monetary Theory (MMT) wanting to spend to oblivion on the far left.


----------------------------------------------------------------------

Articles are exclusive to Talkmarkets if they are published on the site before being published elsewhere for 48 hours. Most of my articles on Talkmarkets are written to be considered "evergreen", or intended to be fresh articles even as time passes. Most subjects I have written about have proven to lend themselves to considerable lasting effect.


While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

Additional Resources:

Talkmarkets Homepage

Talkmarkets New Educational Center (Free to Join!) 

Gary Anderson Talkmarkets Personal Blog (Non Vetted Posts)

Gary Anderson Talkmarkets Articles (Vetted Articles Listed by Date of Publication)