Tags: reserves

Only in Economics: When Data and Theory Disagree, Change the Data

April 24th, 2014
in Op Ed

This is just astounding. Was there ever another peep from Barro? Bill Mitchell Unearths Yet More Options [not taken] for Europe. If this occurred in the field of physics - or any other more »

Banks “Sitting On Reserves” Is A Fallacy

December 11th, 2012
in Op Ed, syndication

In my ongoing Twitter chat with Bloomberg’s Kathleen Hays last night and this morning, I mentioned that with QE3 cash settlements having begun on November 14, that should be bullish for the economy and the markets going forward. There were no QE3 se… more »

Casting Sunlight on the National Debt Fraud

August 8th, 2011
in Op Ed

by Guest Author Roger Erickson Our seemingly endless drama over national debt, deficits, wage taxes, spending, inflation, individual and corporate entitlements, bank bailouts, tax write-offs, and public spending is enough to keep middle-aged women up a… more »

Never Short a Country with $2 Trillion in Reserves?

March 1st, 2011
in Op Ed

 by Michael Pettis As many of my readers know (although I have not made any reference to it on my blog) hedge fund manager Jim Chanos recently made some headline-inducing claims about China.  Chanos, a successful hedge fund manager who has made his rep… more »

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