Tag Archives: the Fed

Restructuring Government Balance Sheets–Where are the Real Assets?

Posted on May 25, 2009 by John Rutledge

California’s budget mess is front page news. Some are trying to figure out whether they can (or will) cut spending enough to live within their means. Others are looking for new revenue enhancers–we don’t call them taxes anymore or people … Continue reading →

Posted in All, Economic Indicators, Government Policy, U.S. Economy | Tagged , , , , , , , , | 1 Comment

Bond Prices and Interest Rates

Posted on May 19, 2009 by John Rutledge

Yesterday I posted a piece about inflation and interest rates arguing that although recent inflation numbers have been very tame, the tsunami of bank reserves (=800%) released by the Fed is beginning to show up in inflation expectations, which is … Continue reading →

Posted in All, Economic Indicators, Government Policy, U.S. Economy | Tagged , , , , , | 2 Comments