tag:blogger.com,1999:blog-6616959642391988608.post418522004831084358..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Money demand continues to riseScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-15739998089402105182012-11-07T08:37:45.493-08:002012-11-07T08:37:45.493-08:00I don't think my view is inconsistent with Han...I don't think my view is inconsistent with Hanke's. I would quibble about whether we really have a deficiency of broad money, but we both argue against the popular view that the Fed has printed massive amounts of money. <br /><br />I've noted several times that banks are still very risk-averse and reluctant to lend. This is improving with time, but it is still a problem.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38524880270201383072012-11-07T07:01:15.631-08:002012-11-07T07:01:15.631-08:00Scott,
I'd be interested in your take on comm...Scott,<br /><br />I'd be interested in your take on comments made by Steve Hanke relative to money supply in this Econtalk interview: <br /><br />http://www.econtalk.org/archives/2012/10/hanke_on_hyperi.html<br /><br /><br />He argues that bank money is tight.<br /><br />Excerpt: <br /><br />" state money is 15% of the total amount of the money supply--meaning that state money is peanutsbob wrighthttps://www.blogger.com/profile/09546025277161775062noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83784860864812684512012-11-07T07:00:06.434-08:002012-11-07T07:00:06.434-08:00This comment has been removed by the author.bob wrighthttps://www.blogger.com/profile/09546025277161775062noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-39319949504104794672012-11-01T04:55:53.105-07:002012-11-01T04:55:53.105-07:00I found this site very informative because very qu...I found this site very informative because very qualitative stuff is available over here.Thanks<a href="http://www.buzzingstreet.com/" rel="nofollow">Nifty Trading</a><br />Anonymoushttps://www.blogger.com/profile/03509232106928640845noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31053272932146737542012-10-28T13:09:04.876-07:002012-10-28T13:09:04.876-07:00PSR as % of DPI is still low, 3,7% vs 1960-1990 le...PSR as % of DPI is still low, 3,7% vs 1960-1990 level of above 7,5%.<br />http://research.stlouisfed.org/fred2/series/PSAVERT<br /><br />As we are in balance sheet recession period, the only agent who can borrow and spend is goverment. Households and corporations will be saving. US avoided recession because gov sector was investing (not optimally of course). Small goverment for US means recessionFamily Manhttps://www.blogger.com/profile/16757562505353144887noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-6637107918145164442012-10-27T07:13:35.755-07:002012-10-27T07:13:35.755-07:00Unfortunately, Scott is missing the emerging reali...Unfortunately, Scott is missing the emerging reality of bifurcation of money availability between Main Street (real estate, consumer lending, very small business lending, etc) and money availability for public corporations (very large companies) and government -- said another way, the Federal layer of the US economy enjoys higher supplies of money than the Main Street economy -- herein lies the McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62297091645586951592012-10-27T05:17:28.064-07:002012-10-27T05:17:28.064-07:00embrace fossil fuel speculation. free up regs that...embrace fossil fuel speculation. free up regs that bind the aformentioned and watch free enterprise do the rest. you'd see a boom the likes of which we haven't seen since the 90'sstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-11040312208035357682012-10-26T21:08:21.184-07:002012-10-26T21:08:21.184-07:00Unfortunately, the Fed has not been aggressive eno...Unfortunately, the Fed has not been aggressive enough. <br /><br />It doesn't matter how much air you pumped into your flat front tire, and that it was more air than you ever pumped before. What matters is if the tire is inflated or not. <br /><br />The US tire is not fully inflated, due to a timid Fed--worse, a Fed that until very recently followed a hide-and-seek, peek-a-boo policy that Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46852654691910392692012-10-26T19:46:33.015-07:002012-10-26T19:46:33.015-07:00Gloeschi = troll looking for attention.
Thank God...Gloeschi = troll looking for attention.<br /><br />Thank God they never stay around long. Best to ignore them which I failed to do.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31815996784320383642012-10-26T19:07:58.669-07:002012-10-26T19:07:58.669-07:00One word for you, Scott: de-le-ve-ra-ging.
Even y...<br /><br />One word for you, Scott: de-le-ve-ra-ging.<br /><br />Even your friend Mitt won't be able to change anything about that. <br /><br />Money is not credit. In a debt-driven economy, demand is dependent on availability of credit (not M2 or other nonsense).Gloeschihttps://www.blogger.com/profile/10705125909506053628noreply@blogger.com