w*********s
发帖数: 2136 | 1 Fed Planning 15-Fold Increase In US Monetary Base
by Eric deCarbonnel
www.marketskeptics.com， Friday, March 20, 2009
The fed is planning moves that would more than double its balance-sheet
assets by September to $4.5 trillion from $1.9 trillion. Whether expressing
approval or concern over the fed’s intentions, most commentators fail to
understand the real magnitude of the projected expansion of the US monetary
base because they don’t take into account the amount of dollars circulating
abroad.
At |
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b*******3
发帖数: 8135 | 2 发信人: ljiiuan2 (文刀兄), 信区: Security_Analysis
标 题: fiscal cliff + monetary easing = 美国要完了
发信站: BBS 未名空间站 (Thu Dec 20 21:05:11 2012, 美东)
根据教课书的定义， 美国政府宏观经济的调节手法有两种
1. fiscal policy (基本是总统和国会的事， 主要是加税减税和goverment spending)
2. monetary policy (基本是FED的工作， 主要是货币发行和interest rate)
现在两个手法完全相反， 大本正在拼命地印钞票(货币宽松+和低利率)， 总统和国会
正好唱反调(财政紧缩+加税) |
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t**********s
发帖数: 2 | 3 实际位于Montebello City，在Monetary Park南面一点点，靠近60号高速
具体位置在Beverly Blvd和Wilcox Ave交界
公寓环境很好，安静而且安全
有一个游泳池，住着华人、韩国人和老墨
公寓一共三间房 房东住一间
还有两间 目前我跟我朋友一人住一间
我1月14号回国（永久性的），我朋友1月31号去纽约（永久性的）
所以两间房入住时间分别为1月15号和1月31号或者2月1号
我的那间租金为450刀，我朋友那间大一点，500刀
公寓内一切设施齐全，如果不嫌弃，我和我朋友的家具都会留下来
网络用的是Charter宽带，5m的流量，费用每月22刀
有一个Parking位，需要两个人协调使用
不过外面的Street parking也很方便
还自备有洗衣机和烘干机，所以洗衣服极其方便
本人电话 310-806-2867 |
|
t**********s
发帖数: 2 | 4 实际位于Montebello City，在Monetary Park南面一点点，靠近60号高速
具体位置在Beverly Blvd和Wilcox Ave交界
公寓环境很好，安静而且安全
有一个游泳池，住着华人、韩国人和老墨
公寓一共三间房 房东住一间
还有两间 目前我跟我朋友一人住一间
我1月14号回国（永久性的），我朋友1月31号去纽约（永久性的）
所以两间房入住时间分别为1月15号和1月31号或者2月1号
我的那间租金为450刀，我朋友那间大一点，500刀
公寓内一切设施齐全，如果不嫌弃，我和我朋友的家具都会留下来
网络用的是Charter宽带，5m的流量，费用每月22刀
有一个Parking位，需要两个人协调使用
不过外面的Street parking也很方便
还自备有洗衣机和烘干机，所以洗衣服极其方便
本人电话 310-806-2867 |
|
g8
发帖数: 3784 | 5 A subtle but significant shift appears to be occurring within the Federal
Reserve over the course of monetary policy as the economic recovery is
weakening.
Interest rates
On Thursday, James Bullard, president of the Federal Reserve Bank of St.
Louis, warned that the Fed’s policies were putting the economy at risk of
becoming “enmeshed in a Japanese-style deflationary outcome within the next
several years.”
The warning by Mr. Bullard, who is a voting member of the Fed committee that
determines in |
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I***5
发帖数: 272 | 6 The Federal Reserve is expected to make its last planned monetary policy
statement of the year at roughly 2:15 p.m. ET.
觉得今天收盘涨200点了希望大嘛？
个人觉得有希望涨超过200点 |
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i*********n
发帖数: 5465 | 7 Thursday, 5 June 2014
Event: Monetary Policy Decision
Time: 1.45 p.m. CET |
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a*i
发帖数: 497 | 8 这个opportunity到底会是什么？
Bloomberg: Alan Howard Predicts `Exceptional' Trading Opportunity
From Bloomberg, 2016年1月29日 10:31:14
Billionaire hedge fund manager Alan Howard says there will be “exceptional
opportunities” to make money in 2016 because of divergent monetary policies
and as four years of low market volatility comes to an end.
To read the entire article, go to http://bloom.bg/20bdTwN |
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k********8
发帖数: 7948 | 9 http://www.huffingtonpost.com/david-einhorn/fed-interest-rates_
A Jelly Donut is a yummy mid-afternoon energy boost.
Two Jelly Donuts are an indulgent breakfast.
Three Jelly Donuts may induce a tummy ache.
Six Jelly Donuts -- that's an eating disorder.
Twelve Jelly Donuts is fraternity pledge hazing.
My point is that you can have too much of a good thing and overdoses are
destructive. Chairman Bernanke is presently force-feeding us what seems like
the 36th Jelly Donut of easy money and wondering... 阅读全帖 |
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d***y
发帖数: 2567 | 12 Simon Johnson at Project Syndicate says the brewing currency wars are not
just China's fault, though it "certainly bears some responsibility." He
mostly blames "Europe's refusal to reform global economic governance,
compounded by years of political mismanagement and self-deception in the
United States. ... the US has run record current-account deficits over the
past decade, as the political elite -- Republican and Democrats alike --
became increasingly comfortable with overconsumption. These def... 阅读全帖 |
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l*****7
发帖数: 2844 | 13 看看这个
2013 Outlook: Lex Parsimoniae
There are known knowns; there are things that we know
There are known unknowns; that is to say there are things that we now know
we don't know"
But there are also unknown unknowns - there are things we do not know we don
't know"
-Donald Rumsfeld, U.S. Secretary of Defense, 2002
The economic and market environment remains as uncertain as ever as we move
into 2013. One does not have to look far to find extreme risks that could
propel us sharply in either directi... 阅读全帖 |
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w*******g
发帖数: 9932 | 14 central bank's job is to print money and maintain inflation target.
The US federal reserve is a semi-office/private organization designed to
coordinate money supplies.
you don't strictly need a fed reserve to do this job but you got to have
something with related functionality.
For example, Hongkong allows several big banks to print currency but they
can only print as much Hongkong dollars as the amount of hard currency they
have. So, Hongkong pegs its currency to US dollar mainly and pretty muc... 阅读全帖 |
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L***n
发帖数: 6727 | 15 对不了解此人的兄弟,一点背景介绍,此人任Financial Times 的
associate editor and chief economics commentator,
自吹"widely considered to be one of the world's most
influential writers on economics"(见wiki), 典型的犹太人,
骨子里极端反华, 表面上道貌岸然, 纵观其对中国评论的历史记录, 即使
是貌似公正的为中国经济发展进言, 其隐藏的立场也无不是损害中国的利益
以维护西方白人的利益. 现在连这层遮羞布也不要了, 赤裸裸的宣传美国用
印纸钞票的办法来迫使人民币升职. 此文发表于 FT 网站, 显示其道德水准
之底下, 以基本接近海平面的海拔高度. 一言以蔽之, 其中心思想即是, 我
就是要发烂渣, 就是要耍赖来搞你. 现在QE已经成为美国迫使人民币升值之
基本武器, 未来中国压力会很大.
Why America is going to win the global currency battle
By Martin Wolf
Publ... 阅读全帖 |
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G****n
发帖数: 145 | 16 But Andrei Shleifer, who won the clark medal is the real deal!
The law and economics of self-dealing[PDF] from uva.nl…, R La Porta, F
Lopez-de-Silanes, A Shleifer - 2005 - nber.org
... Andrei Shleifer Department of Economics Harvard University Littauer
Center M-9 Cambridge,
MA 02138 and NBER a*******[email protected] Page 3. 1 1. Introduction. Over the
last twenty
years, both academic and practical approaches to corporate ...
Cited by 462 - Related articles - Library Search - BL Direct - All 71
vers... 阅读全帖 |
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h*****0
发帖数: 145 | 17 好像没有在这个论坛上看到！
原帖网址 http://www.gter.net/?action-viewthread-tid-1315096
5年/7年/更久后, 你会是什么样的人？(placement of Chinese econ phd)
感谢以下学校的placement原始信息。
以后你想成为什么样的人？
现在还有机会思考或者yy。。
不过呢。。如果你想继续phd。。并且。。是在一些10～50之间的phd项目度过5年或者
更多。。那么以下也许是个不错的信息。。用来估计以后会是什么样的日子。。而不是
去畅想。
当然。。也许你想找个跳板继续申请phd。。于是luckily。。这个list里的学校基本属
于大多数跳板。。即使说某些号称极好的跳板。。最多能保证你的学校层次。。所以。
。对你来说。。也是个参考。。
永远不要想着自己是个例外。。只要搜一下这些人的背景你就会发现。。要有例外。。
他们中的大多数应该比你更容易遇到例外。。
这几个学校的placement都不是最全的。。应该还有一些没有被place的人。。但是几乎
包括了所有US news上10～50区间的、公布placement的... 阅读全帖 |
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m**c
发帖数: 7349 | 18 Both predicaments were a consequence of the macroeconomic policy trilemma,
also called the impossible trinity. It says a country must choose between
free capital mobility, exchange-rate management and an independent monetary
policy. Only two of the three are possibleBoth predicaments were a
consequence of the macroeconomic policy trilemma, also called the impossible
trinity. It says a country must choose between free capital mobility,
exchange-rate management and an independent monetary policy.
... 阅读全帖 |
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c*****g
发帖数: 21627 | 19 By DAVID A. STOCKMAN
GREENWICH, Conn. -- The Dow Jones and Standard & Poor’s 500 indexes reached
record highs on Thursday, having completely erased the losses since the
stock market’s last peak, in 2007. But instead of cheering, we should be
very afraid.
David Stockman
Over the last 13 years, the stock market has twice crashed and touched off a
recession: American households lost $5 trillion in the 2000 dot-com bust
and more than $7 trillion in the 2007 housing crash. Sooner or later —
within a ... 阅读全帖 |
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c*****r
发帖数: 8227 | 20 The Near- and Longer-Term Prospects for the U.S. Economy
Good morning. As always, thanks are due to the Federal Reserve Bank of
Kansas City for organizing this conference. This year's topic, long-term
economic growth, is indeed pertinent--as has so often been the case at this
symposium in past years. In particular, the financial crisis and the
subsequent slow recovery have caused some to question whether the United
States, notwithstanding its long-term record of vigorous economic growth,
might n... 阅读全帖 |
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h********r
发帖数: 928 | 21 The Fed is considering a range of tools to boost growth, William Dudley, the
president of the New York Fed Bank, said in a speech Monday, hinting at the
option of a third round of quantitative easing.
“The Fed seems to be pushing the global agenda towards continued dovishness
and accommodation and easing,” Hastings said. The Fed also is “pressuring
the global yield curve lower in order to force easing around the world,
which would of course prevent the U.S. dollar /quotes/zigman/1652083 DXY +0.
... 阅读全帖 |
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w*******o
发帖数: 6125 | 22 【 以下文字转载自 Stock 讨论区 】
发信人: walstudio (午夜未眠人), 信区: Stock
标 题: 温故而知新: QE2的进化时间表
发信站: BBS 未名空间站 (Wed Jul 13 16:32:57 2011, 美东)
QE从来就不缺质疑的声音, 看看飞机南去年是怎么化蝶成功的
08/10/2010: Fed votes to avoid “perverse outcome”.
09/21/2010: The Confession.
10/01/2010: A Stalking Horse Speaks.
10/15/2010: Bernanke Removes Any Doubt.
11/03/2010: The Fed Announces “QE, The Sequel”
Full article:
---------------------------------------------------------
http://www.worldmarketmedia.com/779/section.aspx/2631/post/fed-
Earlie... 阅读全帖 |
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b********n
发帖数: 38600 | 23 Shinzo Abe and the Three Magic Arrows
http://mises.org/daily/6793/Shinzo-Abe-and-the-Three-Magic-Arro
Despite claims to the contrary in the mass media, Japan’s economy is
continuing to suffer mightily under the leadership of Prime Minister Abe
Shinzo. Abe is from a famous family and he’s a convincing talker, so he was
able to bamboozle people into believing that he could make Japan prosper
with his three arrows. These metaphorical arrows stand for “monetary
stimulus,” “fiscal stimulus,” and “str... 阅读全帖 |
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b********n
发帖数: 38600 | 24 The long-term consequences of global QE are likely to permanently impair
living standards for generations to come while creating a false illusion of
reviving prosperity.
http://guggenheimpartners.com/perspectives/media/the-monetary-i
The Monetary Illusion
As economic growth returns again to Europe and Japan, the prospect of a
synchronous global expansion is taking hold. Or, then again, maybe not. In a
recent research piece published by Bank of America Merrill Lynch, global
economic growth, as me... 阅读全帖 |
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r******e
发帖数: 289 | 25 The best rate so far came before the Columbus’ Day and left after the
holiday was gone. People always ask when next round of good rate will be
coming. If you have not heard QE II, you should know that even as an
ordinary mortgage rate shopper.
Recently, mortgage rate is not controlled either by black Friday or stock
prices rally, it is driven by Fed’s Quantity Easing program and how the
market is reacting to its investment.
Next meeting is supposed to be held on November 3rd and 4th. A lot of
s... 阅读全帖 |
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m****u
发帖数: 370 | 26 https://help.cbp.gov/app/answers/detail/a_id/195/~/currency-%2F-monetary-
instruments---amount-that-can-be-brought-into-or-leave-the
这个是海关的网站，说的好像就是和楼上一样，超过1万以上申报就没事。如果超过一
万不申报，多出部分就会被没收。
There is no limit on the amount of money that can be taken out of or brought
into the United States. However, if a person or persons traveling together
and filing a joint declaration (CBP Form 6059-B) have $10,000 or more in
currency or negotiable monetary instruments, they must fill out a "Report of
Internatio... 阅读全帖 |
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a**********2
发帖数: 355 | 27 NY ROUNDUP – Wednesday, April 2, 2014
微信公众平台 USOPTIONS
COMMENTS
· Equities put in another day for the faithful and make new highs
yet again. The bourses came cruising out of the gate following consensus ADP
numbers and positive revisions as investors focused their sights on the end
-of-week employment metrics. The good spirit was almost universally felt as
all but one sector finish in the green (Utilities small -0.16%). SPX and
Nasdaq now +2.5% for the year, while DJIA is back to flat. C... 阅读全帖 |
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X*****s
发帖数: 2767 | 28 Next week the market-moving news will be dominated by the FOMC meeting on
Wednesday, and remarks from the Federal Reserve about its forward plans for
monetary policy.
The FOMC monetary policy statement, due out at 2 p.m. ET on Wednesday, will
be followed by a press conference with Ben Bernanke 30 minutes later. It’s
unlikely that any announcement about a taper in the Fed’s bond-buying
program will move the market, as the market is expecting a slight taper.
However, if the taper is extreme in eit... 阅读全帖 |
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w******s
发帖数: 16209 | 29 here is the full article:
Emerging Wild Card: Inflation
By TOM LAURICELLA
While many investors have been fixated on the European debt crisis, concerns
have been quietly building about the potential for inflation problems in
emerging markets.
The fear isn't that emerging-market countries will return to the kind of
hyperinflation that was so damaging in the past. Rather, the worry is that
high food and energy prices, combined with capacity constraints and the
Federal Reserve's easing move in the U... 阅读全帖 |
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i***z
发帖数: 7508 | 30 意大利200万， 中国人15万， 阿富汗人3千。
The Value of a Dead Afghan: Revealed and Relative
by Marc W. Herold
Departments of Economics and Women's Studies
Whittemore School of Business & Economics
University of New Hampshire
POSTED JULY 21, 2002 --
On May 7, 1999, a U.S. B-52 bomber dropped three JDAM bombs upon the Chinese
Embassy in Belgrade. Three young Chinese journalists were killed and 27
other persons in the embassy were wounded. Four months later, the United
States agreed to pay $4.5 million in damages t... 阅读全帖 |
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w*******r
发帖数: 7276 | 31 World maps of GDP (PPP), 2010 International Monetary Fund
There are three lists of countries of the world sorted by their gross
domestic product (GDP) (the value of all final goods and services produced
within a nation in a given year). The GDP dollar estimates given on this
page are derived from purchasing power parity (PPP) calculations.
Using a PPP basis is arguably more useful when comparing generalized
differences in living standards on the whole between nations because PPP
takes into accou... 阅读全帖 |
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f******d
发帖数: 2394 | 32 公开点名中俄，为示公平，搭上小兄弟沙特。在中国股市开始下跌前，中国政府被人民
币国际化和亚投行的“光辉”绑架不能主动让人民币崩盘前，是最后的逃离机会。
Once Over $12 Trillion, the World’s Currency Reserves Are Now Shrinking
Bloomberg Business
The decade-long surge in foreign-currency reserves held by the world’s
central banks is coming to an end.
Global reserves declined to $11.6 trillion in March from a record $12.03
trillion in August 2014, halting a five-fold increase that began in 2004,
according to data compiled by Bloomberg. While the drop may be overstated
becaus... 阅读全帖 |
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b********n
发帖数: 38600 | 33 CHINA EMBRACING GOLD IN ADVANCE OF POST DOLLAR ERA
http://www.allchinareview.com/china-embracing-gold-in-advance-o
To challenge the US dollar hegemony and increase its power in the global
realm of finance, China has a potent gold strategy. Whilst the State Council
is preparing itself for the inevitable decay of the current international
monetary system, it has firmly embraced gold in its economy. With a
staggering pace the government has developed the Chinese domestic gold
market, stimulated pri... 阅读全帖 |
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L********y
发帖数: 283 | 34 谢谢您的详细回复，我们对于法律太空白了
我看了下，第三条说除了1/3的钱外，我们是不是还需要付各种Attorney advances
certain costs such as those associated with depositions, filling fees, fees
for service of process, toll calls, postage fees, shipping expenses, and any
other expenses necessarily incurred in the furtherance of Client’s suit or
representation
这些费用都是不清不楚的，谁知道多少啊？是不是应该写清楚呢？
是不是应该写清楚，收费任何时候都不会超过1/3?
另外是不是应该写清楚，不需要万一输了我不需要们付费。
还有您觉得这个contract合适吗？
以下是文字版：
1) I, the undersigned client hereby retain and employ Scott E. Kegel,
Attor... 阅读全帖 |
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k***n
发帖数: 3158 | 35 LZ asked why silver has been outperforming gold in the past year
81 mentioned that silver's price was surpressed too much in the past that's
why it is rallying harder than gold
gold at least has been given some monetary premium even we have been off
gold standard for many years. At least most central bansk are still holding
gold.
Silver, on the other hand, did not receive any monetary premium before this
runup. When both silver and gold are money, they have a 16:1 relationshihp.
Gold to sivler r... 阅读全帖 |
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s********u
发帖数: 1054 | 36 Federal Reserve Chairman Ben S. Bernanke said U.S. unemployment may take
five years to fall to a normal level and that Fed purchases of Treasury
securities beyond the $600 billion announced last month are possible.
“At the rate we’re going, it could be four, five years before we are back
to a more normal unemployment rate” of about 5 percent to 6 percent,
Bernanke said according to the transcript of an interview to air today on
CBS Corp.’s “60 Minutes” program.
The purchase of more bonds than pl... 阅读全帖 |
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c***m
发帖数: 2630 | 37 I highly doubt it. here is the related news today:
This is the most important chart related to the financial system today:
This is a chart of the US monetary base. In simple terms, it charts how much
money the Fed has pumped into the system (at least that it admits). So it’
s a kind of visual of the Fed hitting the PANIC button: when the monetary
base explodes higher, the Fed is FREAKING out.
You'll note that during the Financial Crisis the Fed didn't do much until
the autumn of 2008 when it pum... 阅读全帖 |
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h****g
发帖数: 312 | 38 TOKYO, May 10 (Reuters) - The Bank of Japan on Tuesday decided to bolster
its capital as a provision against potential losses from an asset-buying
scheme, giving it room to ease monetary policy further if needed to support
the economy. The central bank said it had decided to set aside as legal
reserves 15 percent of its profits from the past fiscal year, three times
the usual level, to improve its fiscal health. It filed a request on Tuesday
for approval from Finance Minister Yoshihiko Noda, as ... 阅读全帖 |
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p**8
发帖数: 3883 | 39 Bernanke Admits Economy Slowing; No Hint of New Stimulus
Federal Reserve Chairman Ben Bernanke Tuesday acknowledged a slowdown in the
U.S. economy but offered no suggestion the central bank is considering any
further monetary stimulus to support growth.
He also issued a stern warning to lawmakers in Washington who are
considering aggressive budget cuts, saying they have the potential to derail
the economic recovery if cuts in government spending take hold too soon.
A recent spate of weak economi... 阅读全帖 |
|
s********s
发帖数: 259 | 40 Goldman Cuts GDP View to 2% as Economy Weakens
Faced with the bruising headwinds of high unemployment, weak manufacturing
and an otherwise listless economy, Goldman Sachs has slashed its forecast
for gross domestic product.
The firm cut its second-quarter GDP outlook to 2 percent from 3 percent, a
stunning blow for an economy expected to be well on the path to recovery
following the financial crisis of 2008 and 2009.
From a policy standpoint, Goldman said it does not expect the subpar growth
to ... 阅读全帖 |
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c*****r
发帖数: 8227 | 41 这几天，右眼跳得厉害。。。
看了 David Rosenberg 的解说，豁然醒悟了。Live or Die, 9/22 (FOMC会后一天）是
关键。祈祷！
The consensus view that the Fed is going to stop at 'Operation Twist' may be
in for a surprise. It may end up doing much, much more. And this may be one
of the reasons why the stock market is starting to rally (a classic 50%+
retracement, which always occur after the first 20% down-leg in a cyclical
bear market would imply a test of 1,250 on the S&P 500 at the very least).
Hedge funds do not want to be short ahead of... 阅读全帖 |
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k********8
发帖数: 7948 | 42 http://online.wsj.com/article/BT-CO-20120320-712102.html
--Federal Reserve Chairman Ben Bernanke defends country's break with gold
standard
--Gold standard can cause both inflations and deflations, Bernanke says
--Practical, policy problems with gold standard
(Updated first paragraph, adds political context in the second paragraph and
comments on China in the seventh and eighth paragraphs and his response to
a student in the 11th and 12th paragraphs.)
By Kristina Peterson
Of DOW JONES NEWS... 阅读全帖 |
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u**********n
发帖数: 8905 | 43 Why has the stock market been rallying during the past five months? In
hindsight, it seems simple. As long as the Fed or any other central bank (
most recently, the Bank of Japan) is printing money, then stocks rally.
As I have been writing in recent months (Read Viewpoints: Will the sweet
spot for stocks continue?), there have been four factors supporting risk
assets since November: the economy, the market's technical condition (or
tape), sentiment, and monetary policy. Until a few weeks ago, t... 阅读全帖 |
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c**i
发帖数: 6973 | 44 You do not cite any authority.
And what you say is WRONG.
FinCEN-105: Report of International Transportation of Currency or Monetary
Instruments (31 USC 5316; 31 CFR 1010.340 and 1010.306).
http://www.fincen.gov/forms/files/fin105_cmir.pdf
Note; FinCEN stands for Financial Crimes Enforcement Network, US Department
of Treasury.
http://www.fincen.gov/
Quote: "GENERAL INSTRUCTIONS * * *
WHO MUST FILE:
(1) Each person who physically transports, mails, or ships, or causes to be
physically transported... 阅读全帖 |
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n*****4
发帖数: 228 | 45 【 以下文字转载自 Stock 讨论区 】
发信人: ElliottJr (Froglet), 信区: Stock
标 题: Trading Week Outlook: June 7-11
发信站: BBS 未名空间站 (Mon Jun 7 01:25:17 2010, 美东)
With the U.S. Retail Sales and Consumer Sentiment data scheduled for release
in the week ahead along with three interest rate announcements from the
Reserve Bank of New Zealand, the Bank of England and the European Central
Bank, traders will look for signs of future changes in the monetary policies
of these three central banks, while also focusing on consu... 阅读全帖 |
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s********u
发帖数: 1054 | 46 Federal Reserve Chairman Ben S. Bernanke said U.S. unemployment may take
five years to fall to a normal level and that Fed purchases of Treasury
securities beyond the $600 billion announced last month are possible.
“At the rate we’re going, it could be four, five years before we are back
to a more normal unemployment rate” of about 5 percent to 6 percent,
Bernanke said according to the transcript of an interview to air today on
CBS Corp.’s “60 Minutes” program.
The purchase of more bonds than pl... 阅读全帖 |
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g********n
发帖数: 2314 | 47 【 以下文字转载自 Stock 讨论区 】
发信人: badcompany (哥玩的不是股票，是心跳！), 信区: Stock
标 题: 所谓联储大发钞票完全是无稽之谈
发信站: BBS 未名空间站 (Thu Nov 12 19:58:33 2009, 美东)
看到板上在热烈讨论联储大发钞票会不会引起通胀，会不会制造泡沫等等，实在受不了
。看来很多人完全不理解中央银行控制货币发行的机制。看看我附的图就知道了，虽然
联储很想发钞票，但是这个钞票根本就没发出去。
联储控制发行量的方法是增加银行储备，这是通过公开市场运作进行的。联储向银行买
国债，就把购款贷记银行储备金账户，这样银行就多出一笔储备金，因为储备金是没有
利息的，银行有很强的动机把它借出去，这样贷款就增加了，贷款到了公司或个人手中
，用于投资或消费，经济活动就会增加，所以现代经济的钞票发行主要是通过贷款渠道
，换句话说，没人向银行借钱，这钞票就发不出去，大本还没真的从直升机上扔钞票！
联储可以控制的货币量就是经济里所有的现金加上银行储备，这个总和叫monetary
base,或者叫 high powered money。但是这... 阅读全帖 |
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g********n
发帖数: 2314 | 48 【 以下文字转载自 SanFrancisco 讨论区 】
发信人: dadabear (bless you), 信区: SanFrancisco
标 题: [合集] goldenrain的观点未免偏颇
发信站: BBS 未名空间站 (Thu Feb 8 16:24:51 2007), 站内
☆─────────────────────────────────────☆
MSJ (Mission San Jose) 于 (Tue Feb 6 00:42:38 2007) 提到:
看完他blog的《现在在哪里买房风险小》，我只能笑着摇摇头。在我眼里，这个列表与
其说是“风险小”列表，不如说是“房子难涨地区列表”。试论证一二：
1. 常言道“强者恒强，弱者恒弱”。NYC, SF地区房价高企不是一年两年了，支撑房价
的不是那个affordability的percentage，而是能afford的人口数和房子总数的比例。
这里看百分比是没有多大意义的。只要还有人能买得起还愿意买，即使affordability
只有15%又如何呢？
2. 正如high tech公司的P/E要远大于... 阅读全帖 |
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t**g
发帖数: 784 | 49 http://paul.house.gov/index.php?option=com_content&view=article
Toward Sensible Monetary Policy
Last week the 112th Congress was sworn in. I am pleased that I will be
chairing the Monetary Policy Subcommittee of the Financial Services
Committee, which has oversight of the Federal Reserve. Obviously, this
position will facilitate my efforts to ensure the Fed provides the American
people with more information about what they have been doing with and to our
money. Not surprisingly, since my cha... 阅读全帖 |
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u***r
发帖数: 4825 | 50 http://www.bloomberg.com/news/2011-08-11/china-s-yuan-strengthe
The yuan strengthened beyond 6.4 per dollar for the first time in 17 years,
supported by the Federal Reserve’s pledge to keep interest rates at a
record low and signs China will use currency gains to help rein in inflation.
The currency rose the most since November and 12-month non- deliverable
forwards climbed to a three-month high after the central bank’s daily
fixing had its biggest jump of 2011. Customs bureau data released yest... 阅读全帖 |
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