A simple search on Google indicates that Warren Buffett’s Berkshire Hathaway has roughly $167 billion in cash or cash equivalents. That one of the world’s foremost investors has so much cash on hand ...
The Wall Street Journal’s Anna Hirtenstein reported last week that U.S. companies “are sitting on a record amount of cash.” According to the Journal reporter, the number is $6.84 trillion. To ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is perhaps a little late getting around to this explanation of money creation and a ...
The scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn't have the money, lots of it went on the government's credit card. The deficit and debt ...
The holiday season is a time of gatherings. Since it is, here’s a proposal aimed to cure readers of a misbegotten obsession with banks, and their alleged ability to “multiply” money and credit. They ...
If you are teaching or taking an introductory macroeconomics course this fall, you will, at some point, encounter the money multiplier. The multipier posits that there is a stable ratio between M2, ...
En un número reciente del American Economic Review, prominentes economistas presentan su visión sobre qué constituye el núcleo central de la teoria macroeconómica. Entre otros aspectos, coinciden en ...
We’ll send you a myFT Daily Digest email rounding up the latest Equities news every morning. The Bank of England is perhaps a little late getting around to this ...