Tag Archives: leverage

De-leveraging

Given the topic of tonight’s podcast I thought a little visual data might help. First, the explosion in US debt: Henry Blodget explains: From the early 1920s through 1985, the average level of debt-to-GDP in this country was 155%. The … Continue reading

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The Monetary Base Finally Moves

The Federal Reserve has for a long time eschewed increasing the money supply directly, and instead has manipulated credit to affect the economy and control inflation. This has led to three important things which are in my opinion at the … Continue reading

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