Mase: Economics and Finance

I keep reading that some people want to have the Federal Reserve begin a new round of quantitative easing…QE3. I see nothing in t...

Total reserves in the banking system rose by almost 50 percent in 2011 to average around $1.6 trillion.   The increase during the ye...

This post is about the Fed’s latest effort to build confidence in the financial system by “providing the predictions of its senior o...

Since the end of June 2011, excess reserves held by commercial banks have declined by about $107 billion. (Remember in August 2008 w...

Excess reserves in the commercial banking system did not change much over the past quarter.   The two-week average for the banking week e...

The Federal Reserve continues to pump funds into the banking system. Reserve balances at Federal Reserve banks reached $1.3 trillion on Mar...

The headlines this morning from London: “Fed Denies Policy is Causing Rising Food Prices.” ( http://www.ft.com/cms/s/0/5c4aeaea-2fbd-11e0-91...

Ronald McKinnon writes in the Wall Street Journal this morning, “The U. S. is a sovereign country that has the right to follow its own monet...

One of the major contributors to world economic growth and development in the post-World War II years has been the ability of capital to flo...

Happy New Year! I have spent a good portion of the last week and a half reviewing my perception of the foundational philosophy undergirding ...