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  • Fourteen Notes on Monetary Policy [View article]
    fraser.stlouisfed.org/...

    Member Bank Reserve Requirements; Feb, 5, 1938.

    “In 1931 this committee recommended a radical change in the method of computing reserve requirements, the most important features of which were…”(2) uniform percentage requirements against the volume of deposits of both types and in all classes of cities; and (3) requirements against debits to deposits.”

    This is the Real-Deal, not the New-Deal.



    Jul 07 11:03 am |Rating: 0 0 |Link to Comment
  • Why Is Bear Stearns Stock Rallying? [View article]
    so should i short it?
    Mar 19 10:56 am |Rating: 0 0 |Link to Comment
  • Let's Get Real About Bear Stearns [View article]
    who thinks it is a good idea to short BSC at these levels, as of this post it is $6.20
    Mar 19 01:13 am |Rating: 0 0 |Link to Comment
  • The Coming Crash of 2008: A Result of Overleveraging  [View article]
    peak oil is coming, and the result will be small to negative GDP growth for years to come
    Mar 19 01:08 am |Rating: 0 0 |Link to Comment
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