Author: John Mason

“Top U. S. officials threw their weight behind the dollar Thursday, with the Treasury chief stressing the importance of a strong dollar and the Federal Reserve chief addressing concern about the greenback’s future as a reserve...

In an earlier post I reported that the weakness being experienced in the year-over-year rate of growth of the M2 measure of the money stock could be attributed to shifts in deposits from thrift institutions into commercial...

The FDIC under-estimated. In May of this year the FDIC projected $70 billion in losses associated with the failure of closed banks. This was an increase of $5 billion from earlier in the year. Now the figure has been revised...

Credit market debt increased by only 3% from the end of the second quarter of 2008 to the end of the quarter of 2009, a total of roughly $1.5 trillion. Of course, the primary story concerns the shifts in borrowing that took...

A surprisingly large amount of attention has recently been given to the slowdown in the growth rate of the M2 measure of the money stock. Around the first of the year, the year-over-year rate of growth of the M2 money stock was...

Due to the great concern over how the Federal Reserve plans to reduce its balance sheet from $2.2 trillion to something comparable to the level it was at in August 2008, something around $900 billion, I will be posting on a...

“A nation’s exchange rate is the single most important price in its economy.” Paul VolckerThe value of the United States dollar is heading to the lows it reached in the summer of 2008. My belief is that the value of the dollar...

It is so easy to blame the private sector. And, the government can hide behind “good intentions” and “the public interest.”For a different view, read the article by John Cochrane and Luigi Zingales who write on “Lehman and the...