Financial Markets

December 26, 2014
A part of the money supply, currency wears out, is shredded and then recycled or destroyed.
Published by Elaine Schwartz at December 26, 2014
Categories

How the Fed Solves the Old Money Problem

Part of keeping the money supply at the right level involves the Fed monitoring the paper money that enters circulation and recycling cash that leaves it.

Do you like it?
Read more
December 9, 2014
Everyday economics: Looking at the CPI and beyond, there are many ways to calculate the inflation rate.
Published by Elaine Schwartz at December 9, 2014
Categories

Expanding How We Measure Inflation

Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors.

Do you like it?
Read more
November 12, 2014
Everyday Economics of Dodd-Frank
Published by Elaine Schwartz at November 12, 2014
Categories

Dodd-Frank: When Is A Law Too Long To Obey?

With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.

Do you like it?
Read more
November 4, 2014
financial regulation
Published by Elaine Schwartz at November 4, 2014
Categories

The Benefits of Perpetual Federal Debt

Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit.

Do you like it?
Read more
October 2, 2014
The banks and insurance companies are financial intermediaries that avoid legal marijuana business.
Published by Elaine Schwartz at October 2, 2014
Categories

Marijuana Money Problems

Colorado's marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.

Do you like it?
Read more
September 14, 2014
It would be beneficial for households and national economic growth if the U.S. saving rate were raised.
Published by Elaine Schwartz at September 14, 2014
Categories

The Nudge Toward a Goldilocks Savings Rate

We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.

Do you like it?
Read more
August 17, 2014
Everyday Economics — Oil stories
Published by Elaine Schwartz at August 17, 2014
Categories

A Closer Look at the EU 28 Economic Growth Rate

Looking at a European average economic growth rate, unemployment rate and GDP to debt ratio is misleading because of countries' disparate economies.

Do you like it?
Read more
July 31, 2014
Violating the sanctity of contracts, Argentina has again defaulted on her sovereign debt and diminished her ability to borrow.
Published by Elaine Schwartz at July 31, 2014
Categories

Argentina's (Long) Default History

With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.

Do you like it?
Read more
July 4, 2014
Weekly Economic News Roundup and economic independence from Alexander Hamilton
Published by Elaine Schwartz at July 4, 2014
Categories

Celebrating Economic Independence

Yes, the United States declared independence from Great Britain on July 4, 1776 and won the American Revolutionary War. But still, we were not truly independent. George Washington’s Secretary of […]

Do you like it?
Read more
May 27, 2014
In the major sports leagues and for golf, there is a top 1% and income inequality that can be measured with Gini Coefficients.
Published by Elaine Schwartz at May 27, 2014
Categories

The Income Inequality That Doesn't Bother Us

When people talk about the top 1%, they are probably not thinking about NY Yankees shortstop Derek Jeter or Seattle’s MLS forward, Clint Dempsey. For 2014, Jeter signed a […]

Do you like it?
Read more