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Tuesday, June 4, 2013

Monetary

Econ Comments & Analysis                                                                                            
WSJ | A Better Way to End 'Too Big To Fail'
On April 24, Sens. Sherrod Brown (D., Ohio) and David Vitter (R., La.) introduced legislation that would require U.S. financial institutions with more than $500 billion in assets to substantially increase their "equity capital."

Blogs                                                                                                                             
Market Watch | Goldman’s chief economist Hatzius: Fed may taper in September
If Goldman Sachs’s latest guess is on the money, the Fed could start tapering its $85 billion monthly bond-buying program as soon as September.
CATO | The Federal Reserve vs. Small Business
Given all the attention that the Federal Reserve has garnered for its monetary “stimulus” programs, it’s perplexing to many that the U.S. has been mired in a credit crunch. After all, conventional wisdom tells us that the Fed’s policies, which have lowered interest rates to almost zero, should have stimulated the creation of credit. This has not been the case, and I’m not surprised.