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Rising COVID cases, falling economy

Tom Spencer

Since the start of February this year, the Fed has expanded its balance sheet by more than $2.4 To put that in context, the Fed was created in 1913, and its total balance sheet assets only reached $2.4 trillion in assets, but only 2 months to achieve the same amount of balance sheet expansion this year.

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6 Reasons Inflation is Higher than You Think

Tom Spencer

The definition of inflation has changed. The generally accepted definition of inflation has changed over time. The changed definition of inflation has allowed the man on the street to remain blissfully unaware of inflation even as the value of the US currency has continued to plummet. The measure of inflation has changed.

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Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

Definitions. In your author’s opinion, the writedown of Greek debt falls clearly within the S&P definition of sovereign default. Undeterred however by rating agency definitions, European leaders have characterised the writedown as a voluntary “ private-sector involvement ” or PSI. Helpful Links. in Economics.

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Another Definition of Deflation: Antal Fekete Defines Deflation as a "Pathological Slowing in the Velocity of Money"

MishTalk

The simple definition V = GDP/M where V is velocity, M is money supply, and GDP is Gross Domestic Product. Technological improvements in production cause a gently falling price level under sound money that is no deflation. I prefer the definition of deflation as a pathological slowing in the velocity of money.

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The Importance of Business Acumen for High Performance

LSA Global

How can you expect to pitch a new strategy or product if you are unable to articulate its potential revenue, costs, and return on investment? Study the Balance Sheet. With term definitions in hand, analyze your company’s balance sheet. Where to Start. Operating income. Operating Expenses. Cash flow.

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Do You Know What Your Company’s Data Is Worth?

Harvard Business

Data contributes not only to brand equity, but to what constitutes product and service delivery in globally connected and hyper-competitive markets. Definitions for what constitutes EvD, and methodologies to calculate its value, remain in their infancy.

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China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?

MishTalk

It is continuing to expand at twice the rate of nominal, or money, gross domestic product, and according to official data has pushed the credit to GDP ratio up to 215 per cent in 2013, and most likely more. But it is hard not to conclude that the authorities remain conflicted.