2014 Balance Sheet Benchmarking Productivity 
MishTalk
DECEMBER 26, 2014
The interest rate burden on Chinese businesses and state-related entities has certainly been much higher in 2014 than it was for most of this century. While the benchmark deposit rate was officially lowered from 3.00% to 2.75%, the upper limit that banks can pay for deposits remained unchanged at 3.30%.
MishTalk
JANUARY 3, 2014
Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Expect more on this in 2014. At long last, the Fed has finally started to taper. Here we are. It is a critical issue. Silver touched the lowest since July.
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