Posts Tagged ‘Federal Reserve’

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    A Different Kind of Currency Crisis

    Dec 12, 10 • 536 Views • No Comments

    Our story begins with the United States announcing that it would be issuing a state-of-the-art new $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. Move the bill and certain shapes and colors shift. The bill, though,......  [read more]

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    How the Fed Helped Harley

    Dec 8, 10 • 577 Views • No Comments

    Have you ever thought about how, every month or every week, businesses have money for paychecks? One answer is commercial paper. It is amazing that commercial paper is central to so much economic activity and few people have even heard of it. Simply defined,......  [read more]

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    Virginia and Germany

    Dec 1, 10 • 439 Views • No Comments

    “Where…is the justice of compelling a State which has taxed her citizens for the sinking of her debt, to pay…the debts of other states, which have made no exertions whatever?” This quote, from John Steele Gordon’s,......  [read more]

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    QE2: Pros and Cons

    Nov 8, 10 • 1033 Views • No Comments

    Reminding us that there is no such thing as a free lunch, The Washington Post has an excellent interactive summary of the pros and cons of a QE2 impact. But first…what is QE2? Through a second round of quantitative easing, the Federal Reserve will......  [read more]

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    Where is QE2 Going?

    Nov 6, 10 • 591 Views • No Comments

    Did you ever wonder how things really happen? We read about quantitative easing and hear some gigantic number but then…what? Who does it and how? In a Planet Money podcast, journalists visit the Fed and observe how one person implements Fed policy. It......  [read more]