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Reflections on Conspiracy Theories and Sensible Accounting by Reader "Alice", 89 Years Young; True Meaning of Banking Safely

MishTalk

I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share. Reader Alice who travels the world at a ripe young age of 89, says. When I began investing, one looked at the real property on balance sheets. True Meaning of Banking Safely. Hello Mish.

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Start of a Global Currency Crisis?

MishTalk

Now the governments of both Venezuela and Argentina have reacted – the former by introducing a ''second bolivar exchange rate'' for certain types of exchanges, the latter by stopping to defend the peso''s value in the markets by means of central bank interventions. for the next two largest (Dutch and UK banks).

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

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. Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent.