Damn Fed!! Money and Politics By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency.
The CIA and other intelligence operations are under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed of their covert activities. It is true that the committee hearings and activities are closed to the public; but at least the people's representatives in Congress insure some accountability for these secret agencies. It is little known, however, that there is a federal agency that tops the others in secrecy by a country mile. Thus, when the first Democratic president in over a decade was inaugurated in 1993, the maverick and venerable Democratic Chairman of the House Banking Committee, Texan Henry B. It was to be expected that Fed Chairman Alan Greenspan would strongly resist any such proposals. Stock Mkt Economy.
"A growing economy consists of prices falling, not rising.
" The stock market does not work the way most people think. A commonly held belief — on Main Street as well as on Wall Street — is that a stock-market boom is the reflection of a progressing economy: as the economy improves, companies make more money, and their stock value rises in accordance with the increase in their intrinsic value. A major assumption underlying this belief is that consumer confidence and consequent consumer spending are drivers of economic growth. A stock-market bust, on the other hand, is held to result from a drop in consumer and business confidence and spending — due to inflation, rising oil prices, high interest rates, etc., or for no reason at all — that leads to declining business profits and rising unemployment.
The Fundamental Source of All Rising Prices For perspective, let's put stock prices aside for a moment and make sure first to understand how aggregate consumer prices rise. Forced Investing. Economics webBooks. Economics Reference. Predatory Lending. Economagic.
Economics -Portal. Wealth of Nations. Introduction Chapter 1.
Of the Division of Stock Chapter 2. Of Money considered as a particular branch of the general Society, or of the Expense of maintaining the National Capital Chapter 3. Chapter 4. Chapter 5. Introduction Chapter 1. Chapter 2. Chapter 3. Part 1. PART 2. CHAPTER 4. Gold & Inflation. As the story goes, someone asked an economist how his wife was doing, and the economist answered "compared to what?
" Joking aside, this is one of the most important questions one can ask when dealing with many economic problems. In recent times, with gold reaching all-time highs, we have seen people question the valuation of assets in dollars. Basically, the yardstick used to measure your assets — your house, car, or stock portfolio — is a steadily shrinking one. This makes you wonder whether your savings are really growing in value. In other words, if the value of your savings has doubled, but the price of milk and everything else has roughly doubled, you are not getting ahead. The way the dollar yardstick is being shrunk is by increasing the stock of money, which means that there are more dollars in circulation.
Why would governments want to decrease the value of our money? First, creating more dollars is an easy way to pay for government expenditures. Click to expand image. Interesting Economics. Stimulus Spending. Commanding Heights. Moneychimp: Stocks. Financial Investing Tutorials. Ponzimonium After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed.
Ponzimonium ... Quarterly Earnings Report A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ... Dark Pool Liquidity The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is ... Economics Revision Notes. AS, A2 & IB Economics Revision Notes This is a new, comprehensive collection of free revision notes to support core topics on your AS, A2 or International Baccaleaurate Economics courses.
Click on the relevant tab to find suitable notes. Click here for a comprehensive range of economics revision presentations Digital Magazines Business Cafe econoMAX First Past the Post Teacher Services Subject Newsletters Inset Courses Student Workshops Blogs Economics Business Studies Politics History IB Diploma. Top 25 Free Personal Finance e-Books. How the Stock Market Works. For a new investor, the stock market can feel a lot like legalized gambling.
"Ladies and gentlemen, place your bets! Randomly choose a stock based on gut instinct and water cooler chatter! If the price of your stock goes up -- and who knows why? -- you win! If it drops, you lose! " Not exactly. The stock market can be intimidating, but a little information can help ease your fears. Why would a company want to share its assets and earnings with the general public?