Posts Tagged as ‘economics’

November 9, 2009

Gold Bless the USA

Take this WaPo article posted on HuffPost recently.
US Treasury’s Gold Valued: US Gold Reserves Total $288 Billion, But Not Really
In this article the author argues:
“Raising the value of the Treasury’s gold stockpile would have an inflationary effect, too, which is the last thing the Federal Reserve wants right now. In 1933, President Franklin D. Roosevelt [...]

January 15, 2008

Can there be a recession with NO (zero) quarters of negative real GDP growth?

Answer: Yes! …but it’s not very likely.

This was a question that’s been hopping around in my head for a couple of months now, but I only got around to finding answer to it today. The most commonly-held definition for recession is: “Two quarters of negative real economic growth (meaning Gross Domestic Product or GDP or [...]