January 13, 2009

John Taylor on Increasing the Money Supply

Good (short) video interview with Stanford economist John Taylor on increasing the money supply:...

Bloomberg Video Interview with Niall Ferguson

Recognizing that he’s gotten a few mentions here lately, a lengthy new-ish Bloomberg video interview with economist Niall Ferguson:...

Readings 01/13/09

Municipal bond bail-out (FT/Lex) Senators Raise Questions About Geithner's Nomination at Treasury (WSJ) China slowdown 'big global risk' (BBC) Cornell to cut spending after endowment falls 27% (Bloomberg) Standard & Poor’s Puts Spanish Sovereign Debt On Ratings Watch Negative...

Fiddling, While Stock Markets Burn

From a presentation I did today in San Francisco, here are the top-rated cable and network TV shows in the U.S. the day/week that Lehman died. I love the obliviousness. Network TV Cable TV...

Quote of the Day: S&P is Cool with U.S. Debt

Quote of the day goes to S&P credit analysts for this comment while keeping U.S. credit at a “AAA” rating: The rating (for the U.S.) was affirmed despite our judgment that fiscal risk has noticeably increased as we expect that...

Bernie Gets a Plea Deal?

So, it looks possible that Bernie Madoff is on the way to getting a plea deal in his fraud case. But if Bernie has no assets, or at most a teensy amount compared to investors $50b in  losses, what’s the...

Bond Headlines That Don’t Mean What You Think They Mean

A continuing irregular feature here, Bond Headlines That Don’t Mean What You Think They Mean: Issuers, Create Your Own Enhancer [via Bond Buyer]...

Zimbabwe and a Currency Zen Question

I have a currency Zen question: When every country in the world is racing to simultaneously devalue its currency, against which Platonic non-earthly currency do they imagine they are devaluing their coinage? I’m not saying I don’t understand the instinct,...

Trade: Good News! Bad News! Or Something

Trade data today was one of those outrageous sorts of crazy thing that happen lately, and yet causes no-one to blink an eye. We had a nearly 30% drop in the U.S. trade deficit, one of the largest percentage drops...

Colbert on Madoff: Ponzi vs Fonzi Schemes

Stephen Colbert on Bernie Madoff -- ponzi schemes versus Fonzi schemes. It's all strangely credible..cc_box a:hover .cc_home{background:url('http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-over.png') !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;}The Colbert ReportMon - Thurs 11:30pm / 10:30cPonzi SchemesColbert at ChristmasColbert Christmas DVDGreen ScreenBill O'Reilly Interview...