Economy
Paying Down the U.S. Federal Debt
Let's open this posting with a graph showing the U.S. federal on-budget surpluses and deficits since 1915: Here's a graph showing us the on-budget ……Read More
Business
Markets
These Are The 5 Countries Most Plagued by Oil Theft
Nigeria As much as 400,000 barrels of oil a day are stolen in Nigeria. This equates to losses of $1.7 billion a month for Africa’s ……Read More
Economy
Asset Volatility and the FOMC Minutes
When the Federal Reserve Open Market Committee (FOMC) releases the minutes of its closed door meetings to the "sweaty masses", the world's investing community sits ……Read More
Economy
Working Hours in America
One of my main sources of data for my postings is the Federal Reserve Bank of St. Louis better known as FRED. Using their data, ……Read More
Markets
Revisiting the Velocity of Money
Several months back, I took a brief look at the velocity of money, a concept that can be rather abstract and one that seems to ……Read More
Economy
The High Cost and Painful Reality of Experimental Monetary Policy
Over the past five years since the Fed began its long-term experiment with near-zero interest rates in a desperate attempt to prod the economy back ……Read More