-
Recent Posts
Recent Comments
Archives
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- October 2018
- September 2018
- August 2018
- July 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- August 2016
- July 2016
- June 2016
- May 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- September 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- April 2013
- March 2013
- December 2012
- October 2012
- September 2012
- August 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
Categories
Meta
Category Archives: Banks
Central Banking award
The Central Banking Journal annually awards central bankers (best governor, best central bank, and providers of services to central banks) for their performance. This year’s ceremony was held in London on March 13 and I was awarded Outstanding Contribution for … Continue reading
Posted in Banks, Economics
Tagged Afghanistan, Bosnia, central banks, IMF, Iraq, Kazakhstan, Moldova, National Bank of Kyrgyzstan, South Sudan, technical assistance
Leave a comment
A proposal for the Fed’s balance sheet
By Warren Coats[1] To save financial institutions from the collapse that threatened them after the bankruptcy of Lehman Brothers in September 2008, the Federal Reserve purchased government securities and Mortgage Backed Securities (MBS) sufficient to increase the size of its … Continue reading
Posted in Banks, Money
Tagged bank regulation, base money, broad money, Chicago Plan, excess reserves, Federal Reserve, monetary policy, required reserves
2 Comments
Looking Back on Occupy Wall Street
The evening of September 16, 2008, I met Randy Kroszner for dinner at Et Voila in the Palisades just outside of Georgetown. He arrived late explaining that the Fed’s monthly monetary policy meeting had lasted longer than expected. Randy is … Continue reading
Posted in Banks
Tagged AIG, bank regulation, bank resolution, bankruptcy, Bear Stearns, Dodd-Frank, FDIC, Kroszner, Lehman Brothers, TARP, too big to fail, Wall Street
1 Comment
My Political Platform for the Nation – 2017
For me, the ideal American government would deliver its important but limited functions efficiently and effectively and would raise the money to pay for these activities with efficient, minimally distorting (neutral), and fair taxes following a principle of maximum subsidiarity … Continue reading
Posted in Banks, Economics, Government, Money
Tagged currency board, debt, education, Fiscal Policy, Foreign policy, Health care, Minimum Guaranteed Income, monetary policy, safety net, SDR, tax reform, taxation, trade, tuition vouchers, VAT, WTO
1 Comment
Cayman Financial Review, Q3 2015
Dear Friends, The Third Quarter issue of the Cayman Financial Review is now available on the web: http://www.compasscayman.com/cfr/. I am on the Editorial Board and have two articles in this issue that might interest you. The first discusses the continued … Continue reading
Posted in Afghanistan, Banks, Economics, Government, News and politics
Tagged Afghanistan, Cayman Financial Review, corruption, DAB, Kabul Bank
Leave a comment
Greece: What should its creditors do now?
Following Sunday’s NO vote in Greece, what ever that might have meant, it is tempting to tell Greece to get lost and be done with them. Aside from the unseemly lack of compassion for our suffering fellow man, the further … Continue reading
Crony capitalism and the Export Import Bank
An important and fundamental principle of the rule of law is that laws should have wide or universal applicability to everyone. This principle is generally violated when governments subsidize specific activities. These subsidize might take the form of tax breaks, … Continue reading
Posted in Banks, Economics, Government, News and politics
Tagged Boeing, Congress, corruption, cryony capitalism, Delta airlines, Ex-Im Bank
3 Comments
