Latest Monetary economics Stories
WASHINGTON, Feb. 25, 2013 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau: (Logo: http://photos.prnewswire.com/prnh/20110428/DC91889LOGO) MONDAY, FEBRUARY 25: LEGAL TENDER Profile America -- Monday, February 25th. Paper money has circulated in North America since 1690, when the Massachusetts Bay Colony issued some to paper over -- so to speak -- the shortage of coins. But these were just promissory notes from governing...
Data for October 2012 NEW YORK, Nov. 21, 2012 /PRNewswire-USNewswire/ -- Center for Financial Stability (CFS) money supply data for October 2012 suggests that the economy has bottomed. However, below potential growth remains vulnerable to the upcoming fiscal cliff. Participants in the financial economy continue to seek safety in insured institutions. In contrast, the shadow banking system has been hit hard. "The shadow banking system is vital to corporations and the overall...
U.S. Data for August 2012 NEW YORK, Sept. 19, 2012 /PRNewswire-USNewswire/ -- Today, Center for Financial Stability (CFS) money supply data for August 2012 highlight distortions from fiscal policy and weakness in the financial system. CFS Divisia M4 (DM4) for August advanced by 3.4% on a year-over-year basis. However, the performance of the broadest money supply measure was clouded by large issuance of Treasury bills to fund the budget deficit. The broad money supply excluding...
Data For July 2012 NEW YORK, Aug. 22, 2012 /PRNewswire-USNewswire/ -- Today, Center for Financial Stability (CFS) broad money supply data for July 2012 illustrate that the US economy is improving modestly. However, growth remains extremely weak. For instance, CFS Divisia M4 (DM4) for July advanced by 2.9% on a year-over-year (YoY) basis or well below the 6% to 6.5% typically associated with historical trend GDP growth of 3¼%. CFS proprietary money supply data provide a crucial...
TORONTO, May 17, 2012 /CNW/ - Monetary authorities should keep an eye on money growth in the economy to help stimulate and monitor the recovery, according to a report released today by the C.D. Howe Institute. In "Money Still Talks - Is Anyone Listening?" David Laidler, Fellow-in-Residence at the Institute, makes the case for policymakers' paying greater attention to the supply of money, to get a better fix on the economy's condition. "Money growth isn't the only key measure to...
CHICAGO, Oct. 12, 2011 /PRNewswire/ -- In the October issue of Themes on the Economy®, Chief Economist Diane Swonk takes a look at whether the U.S. has fallen into a liquidity trap, much as Japan did during the 1990s. Historically, the only way to combat a liquidity trap was to expand government spending, to compensate for reluctant private investment. Given new research and the reality that Washington is not in a spending mood, Swonk explains what tools the Federal Reserve could use...
CHICAGO, May 23, 2011 /PRNewswire-USNewswire/ -- Many developing countries are rapidly adopting cellphone technology as a means for delivering financial services to their citizens without a heavy investment in infrastructure. Now, a team of researchers from Massachusetts Institute of Technology and Georgetown University says important economic considerations loom on the horizon for policymakers, mobile banking companies and central banks. (Logo:...
Amid speculation of a third bid for the Presidency, Congressman Ron Paul revealed that growing concerns over U.S. monetary policies would drive him into the race. In a no-holds-barred interview on KSCO AM 1080 with the host of The Costa Report, Rebecca Costa, Paul said, "I think the wave of the future is inflation. San Jose, CA (PRWEB) March 12, 2011 Amid speculation of a third bid for the Presidency, Congressman Ron Paul revealed that growing concerns over U.S. monetary policies would...
HOUSTON, Jan. 3, 2011 /PRNewswire/ -- "New Captains of Industry" (www.blogtalkradio.com/newcaptainsofindustry/) today announced the availability of an audio economic roundtable hosted on December 30, 2010 by market commentator, institutional fund manager and Chairman of the National Eagles and Angels Association, George Jarkesy. During this fascinating roundtable, Jarkesy engaged economists L. Randall Wray, Professor of Economics at the University of Missouri, Kansas City and author of...
FORT LEE, N.J., Nov. 30 /PRNewswire/ -- The National Inflation Association today released the following statement to its www.inflation.us members:"Since the release of The Dollar Bubble, which has already been viewed over 142,000 times in less than one week, we have been overwhelmed with new NIAnswers questions. If you haven't received a response to your question yet, please be patient. We hope to catch up on our backlog of questions by the end of this week. Thank you to all NIA members who...
