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Ivory Tower Academics, Inflation, and Kindness

MishTalk

From 2003-2006 the Fed ignored major bubbles in home prices, then commercial real estate. Inflation Benefit 3 (?): "Balance sheet recession" might go away! Balance sheet recession" might go away!? We have a balance sheet recession precisely because of an inflationary asset bubble gone bust.

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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

The balance sheet of the European Central Bank has fallen by €553bn over the past year as banks repay money that they no longer want, either because ECB funds are too costly in a near-deflationary world or because lenders are being compelled by regulators to shrink their books. The US and China are withdrawing stimulus on purpose.

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"Treasury Bond Undervalued" Says Hoisington Second Quarter Review; Path to Fiscal Ruin

MishTalk

Rather than repairing its balance sheet by reducing debt, the U.S. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' economy is starting to increase its leverage. Total debt rose to 349.3% of GDP in the first quarter, up from 343.7% in the third quarter of 2013.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

There has been a structural gap in Chicago’s Corporate Fund budget since at least 2003. Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues. million to $102 million.