Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label excess reserves. Show all posts
Showing posts with label excess reserves. Show all posts
01 October 2013

Excess Reserves: No Government Shutdown There

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And besides, the Banks own the Fed which is not a part of the government as you may recall. And by statute the Congress must not skip ...
16 May 2013

As a Reminder, the Fed Is NOT Printing Money

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“So that the question is: Would there be any advantage, at this particular stage, in going back to the gold standard? And the answer ...
22 March 2013

The Fed Is Printing Money, But Where Is It Going? They Know But Will Not Say

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[Robert McTeer] worked for the Federal Reserve for 36 years, including as president of the Federal Reserve Bank of Dallas from 1991–2005, w...
25 January 2013

Alan Blinder: The Fed Should Pay the Banks Negative Interest Rates on Reserves

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As I said to the reader who forwarded this, 'you have no idea how much this admission by Blinder means to me.' This is not t...
23 July 2012

About Those Excess Reserves At the Fed

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"Some men weave their sophistry until their own reason is entangled." Samuel Johnson IOER is Interest On Excess Reserves. T...
11 October 2011

Adjusted Monetary Base Less Excess Bank Reserves

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Thanks to my friend Gary at NowandFutures.com for this chart. I like to think of the expansion of the monetary base as it has been imple...
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