Economy
The Evolution Of The Oil Weapon
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions ……Read More
Economy
Economy
Explaining the Current Low Economic Growth Scenario
Since the end of the Great Recession, American economic growth rates have been quite modest, particularly when compared to historical levels as shown on this chart: ……Read More
Economy
Are US Drillers Actually Making A Comeback?
Is US shale about to make a comeback? Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent ……Read More
Economy
The Federal Reserve and the Monetary Policy Corner
I want to open this posting with a definition. The Federal Funds Rate (more commonly known as the Fed Funds Rate) is: "…the interest ……Read More
Economy
The Problem of Excess Reserves
An interesting article by Walker Todd at the American Institute for Economic Research entitled "The Problem of Excess Reserves, Then Now" looks at excess banking ……Read More
Economy
The American Consumer Debt Trap
The latest version of the Household Debt and Credit Reportfrom the New York Federal Reserve Bank shows that household debt levels continue to rise, reaching their ……Read More