Numbers have always played a significant role in the news of the day. If there is a natural disaster we want to know how many people were injured or killed, how many homes were destroyed, etc. If there is a war going on we like to have the casualty reports of dead and wounded. The [...]
Posts Tagged as ‘Treasury bills’
May 28, 2009
U S Credit Rating or Does the U S Rate?
Well, we finally got the news that Moodys has given the US a triple A rating for its debt obligation. This is primarily the Treasury notes and bills. Certainly since WWII the US has been the premier economy in the world and long considered the safe haven for money and the safest and most profitbable [...]
May 6, 2009
T-Bill Glut Crowds Out Equity
Only this week the Treasury auctioned off another 71 billion of Treasury notes and bills. That is a small part of the hundreds of billions they intend to issue during this calender year. They have already issued over 300 billion this year to date. In addition to that fact we have the Federal Reserve printing [...]
March 25, 2009
The Printing Press and Debt
Of late we hear many politicians of both parties talking about running up debts that will be a insurmountable burden on our children and grandchildren. This is certainly appropriate given the scope and size of the proposed budget of the new administration. The numbers are truly staggering and almost incomprehensible due to their size. That [...]
March 19, 2009
Gold or Money Which to Trust
From the most ancient of times governments have dealt with the issue of having a medium of exchange–money. From earliest Babylonian times to the long ago Chinese empires to the Romans and the Hanseatic League, kings, emperors and rulers of one stripe or another have tried to manipulate the currency in use to their advantage. [...]
