Category Archives: U.S. Economy

Fear, Currency Holdings, and the Fed

The chart below shows the amount of currency held by the public through last Friday. Can you detect a pattern? When people get scared, as they are now, they pull money out of the bank, out of money funds, and … Continue reading

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Network Theory and the Credit Crunch

My friend Sonia Arrison, host of Digital Dialog and Senior Fellow of Technology Studies at the Pacific Research Institute, has written an article in TechNewsWorld,  Network Theory Can Explain US Credit Crunch, which discusses the chapter in my new book on using … Continue reading

Posted in All, Cool Stuff, U.S. Economy | 1 Comment