Excessive leverage and risk in the financial system, e.g., using customer funds to speculate, never ends well. Stock market crashes, bank and investment firm failures or economic recessions are all potential consequences. Following the failure of the United States to regulate over the counter (OTC) derivatives...
Posted to
Hera
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Ron Hera
on
Fri, Nov 16 2012
Filed under:
Filed under: Federal reserve, CPI, deflation, inflation, GDP, IMF, Great Depression, CDS, unemployment, debt monetization, too big to fail, International Monetary Fund, Gross Domestic Product, Consumer Price Index, MBS, mortgage backed securities, over the counter derivatives, European Central Bank, ECB, Baltic Dry Index, sovereign default, bank failure, credit default swaps, BDI, monetary policy, OMT, recession, stock market crash, liquidity, QE3, quantitative easing III, systemic collapse, outright monetary transactions, market intervention, stagflation, tax increases, austerity measures, savings, U.S. Treasury, bank credit, stagnation, economic opportunity, Federal Reserve Chairman Ben Bernanke, instability, entrepreneurship, public funds, jobs, financial crisis, operation twist, bond yields, living standards, financial repression, Carmen M. Reinhart, OTC derivatives. Glass-Steagall Act, interest rates, net loss, middle class, consumer incomes, innovation, economic recovery
Por Philipp Bagus. (Publicado el 29 de junio de 2010) Traducido del inglés. El artículo original se encuentra aquí: http://mises.org/daily/4502 . Siempre que el gobierno crea un problema, hay muchas posibilidades de que acuse a los especuladores de ser los responsables. [1] En la...
Economic bubbles are not recognized by those inside of them, and the entire Western world has become quietly trapped inside the largest economic bubble in history. The global financial crisis that began in 2008 has been attributed to sub-prime mortgage lending and mortgage backed securities (MBSs), such...
Posted to
Hera
by
Ron Hera
on
Tue, May 11 2010
Filed under:
Filed under: CEA, S 3217), Alan Greenspan, option, CDS, VaR, Barney Frank, Commodity Exchange Act, Brooksley Born, OTC derivatives, forward, collateralized debt obligation, Warren Buffett, Commodity Futures Modernization Act of 2000, Restoring American Financial Stability Act of 2010, Monte Carlo Simulation, swap, Value at Risk, synthetic CDO, Robert Rubin, credit default swap, Chris Dodd, George Soros, Larry Summers