The Man-i-fest, is an informed man

We should not compare the time of the Great Depression and his theories with Nowadays. These are two completely different situations. A closed economy in the 1930's and a fully open and unbalanced economy as it is today. Back then, the US had a closed market and the country was mostly self sufficient. Most goods were made within the country's doors and the main global financial markets weren't that interconnected, as they are today, and also, financial capital wasn't so volatile. But during the last decade, the US is running high external deficits, accumulating budget deficits and running extremely low savings rates. What the US have created, nowadays with all the QE's towards finance, is an asset bubble, that will go away when the QE's stop. Ben Bernanke is wrong, just as it was his predecessor Alan Greenspan. Unregulated markets will only serve the most powerful side of the Market. Basic regulation is needed. More QE money in an unbalanced economy, will onl...

The image and the data concerning the working papers presented in this post, were presented initially in our Webpage, here " Economics the Power of Numbers ". Concerning the Economic Data and the Monetary Policy, this presentation will concentrate the analyse in the years from 1990 to 2012. The Myth - Flooding the financial markets with money, will have, eventually, a direct impact or at least a substantial impact in the Real Economy, creating and promoting the conditions for countries to grow. The Following graphic presents the most important sets of monetary aggregates and their evolution since 1990 to 2012 Another view at the same set of data, for better understanding ... Notes: Data from China is presented divided by "3" and Japan divided by "100", in order to make visible the complete sets of data from the other aggregates. The objective is to present the trends and the evolution of the aggregates in percentage from 199...