Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

Showing posts with label liquidity trap. Show all posts
Showing posts with label liquidity trap. Show all posts
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...
08 October 2011

Modern Economics: The Money Masters and Modern Economic Theory - Credibility Trap

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Yesterday it was Yves Smith who took Paul Krugman to task. And I defended him in that instance in the comments. But now alas it's my t...
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