Economy

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

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

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

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

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

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