Archive

Archive for the ‘Finance’ Category

Updated Statistical, Economic and Historical References

2011-08-16 4 comments

We have updated our References section and, for the first time, also published our References ordered by Subjects – probably the most comprehensive trove on Statistical, Economic, Monetary and Historical Data etc. … Read more…

Economic Musings X: Legal Tender – Legal or Tender or What?

2010-04-16 9 comments

After World War II when the German Reichsmark was discredited and people were starving they would travel from their city to the local farms … Read more…

Bloom of Doom VIII: US Figures Stronger than Feared

If you think the title is a contradiction, well, not more so than the idea that debt or subsidies could increase wealth. Where truth can’t win by argument it needs to do so by stealth (that almost rhymes). The President of the United States has published a report on the state of the economy which proves how uneconomical the state has become. From that report you can glean two things, the bad and the ugly: the US economy has greatly deteriorated further and it seems beyond the point of no return.
Read more…

Economic Musings IX: We could all be millionaires …

2010-04-10 3 comments

… if we hadn’t destroyed literally trillions over the last 200 years!

Read more…

Blogs and Web Sites you may want to follow

The following is a list of blogs and websites that CrisisMaven has followed and observed over the last few months and that readers may want to check out from time to time.
Read more…

Economic Fallacy VI: The Divisive Multiplier

2010-03-28 5 comments

There is a widespread believe that if governments inject a certain amount of money into “an” or “their” economy, it will miraculously multiply and bear fruit beyond what was invested. This is one of the mainstays of Keynesian economics in that it justifies state subsidies, public works, in short just any intervention by a state in the realm of private enterprise on the expenditure side. Read more…

Bloom of Doom VII: The Borrower of last Resort

Not so very long ago the idea had firmly taken root that the Fed was the “lender of the last resort”, meaning that if no one else would lend to banks, the Fed would, thus preventing bank runs. Now it always struck CrisisMaven as odd that banks under any circumstance should be so little creditworthy that they couldn’t get credit. After all, aren’t banks the “eponym” of creditworthy, so to speak? But that the Fed one day would need to borrow from these banks no one else would lend to is an irony of fate we need to chew on a little to fathom all its dire implications.

Read more…

Follow

Get every new post delivered to your Inbox.

Join 332 other followers

%d bloggers like this: