EstimatesoftheeffectsoftheFed’slarge-scaleassetpurchases http://feedly.com/k/1c77ie4 I attended a conference this weekend on lessons from the financial crisis for monetary policy. Among many interesting presentations, Federal Reserve Bank of San Francisco President JohnWilliams provided updated estimates on the effectiveness of large-scale asset purchases and forward guidance. PresidentWilliams’sanalysis included a survey of academic studies of what effects the Fed’s large-scale asset purchases seem to have had. The table below summarizes … Seguir leyendo Estimates of the effects of the Fed’s large-scale asset purchases

Howthe .0001% MadeitsMoney http://feedly.com/k/1gF5zMG shared via http://feedly.com Seguir leyendo How the .0001% Made its Money

StateOfEmergencyDeclared As AnotherOil/Gas TrainDerailsInCanada http://feedproxy.google.com/~r/zerohedge/feed/~3/O8kdSeIib4Q/story01.htm Thirteencarscameoffthetracksaround 1 a.m. Saturday Seguir leyendo State Of Emergency Declared As Another Oil/Gas Train Derails In Canada

BitcoinClimbsToHighestSinceApril, LedByChineseActions http://feedproxy.google.com/~r/zerohedge/feed/~3/14igKft2AnA/story01.htm Submittedby Jonathan StackeviaTheGenesisBlock, The last week has seen dramatic upwards price action in the bitcoin markets, driven by a series of macro and micro events across the globe. The fallout from Silk Road’s closure turned out to be but a blip in bitcoin’s price history, with significant gains since then. Turmoil in global financial markets and recent news of leading global websites … Seguir leyendo Bitcoin Climbs To Highest Since April, Led By Chinese Actions

Judgingbyresults (atthepeakof a cycle) http://feedly.com/k/1c6h4x2 Found a link in my Blogger stats to a post by Gabriel Rega: http://gabrielrega.com/2013/04/24/filtro-de-hodrick–prescott-no-excel/ The filtro-de is a dead giveaway that it’s not English. But the hodrick-prescott caught my eye. So I clicked the link. There is an intro, in Portuguese according to Google Translate. And then there’s an excerpt from my De-Trending post a while back. Sweet. So I … Seguir leyendo Judging by results (at the peak of a cycle)

AmericansHaveLostVIRTUALLYALLofOurConstitutionalRights http://feedly.com/k/179nny1 PaintingbyAnthonyFreda: www.AnthonyFreda.com HowManyConstitutionalFreedomsHaveWeLost? This post explains the liberties guaranteed in the Bill of Rights – the first 10 amendments to the United States Constitution – and provides a scorecard on the extent of the loss of each right. (ThisisanupdatedversionofanessaywewroteinFebruary. Unfortunately, a lotofinformation has come outsincethen.) FirstAmendment The 1st Amendment protects speech, religion, assembly and the press: Congress shall make no law respecting an … Seguir leyendo Americans Have Lost VIRTUALLY ALL of Our Constitutional Rights

WhenHymanMinskyRunsForTheHills: Japan Central BankTo "Own" 100% OfGDPIn 5 Years http://feedproxy.google.com/~r/zerohedge/feed/~3/NXHc4_ehLqA/story01.htm Over a year ago, in "Japan’sWTFChart" we showed where Japan lies on the sovereigndebt-to-taxrevenuecontinuum. The "where", with a WTF-inducing 1900% sovereign debt/revenue, was essentially off the chart as it was nearly 5 times greater than the first runner up: Greece, with 400%. Naturally, that ratio is absolutely unsustainable and the second rates begin creeping higher, … Seguir leyendo When Hyman Minsky Runs For The Hills: Japan Central Bank To “Own” 100% Of GDP In 5 Years

ZLBDenial http://feedly.com/k/17Uycxy Yes, the liquidity trap exists. shared via http://feedly.com Seguir leyendo ZLB Denial