The Fed and the interbank market: deciphering accounting manipulations
Abstract Large US banks and hedge funds have suffered heavy losses, especially on derivatives. They lack liquidity. Only the Fed is providing them with liquidity,…
Turkey: growth economy
The French journalist Pierre Jovanovic published reports praising Turkish banks and the growth of this country inhabited by a large majority of Muslims. Indeed, Turkey’s…
Turkey: monetary aggregates and growth
The French journalist Pierre Jovanovic was amazed by the dynamism of Turkey and he drew praise for the Turks. I present in this article the…
Turkish Banks 2020
All Western media always publish negative information about Turkey. Is this justified or is it propaganda against a country that has been brilliantly successful in…
The Fed changed the definition of the M1 monetary aggregate and no longer publishes weekly M1 and M2 data
This is a major issue that nobody is commenting on! It is however the first time since World War II that the Fed decided to…
US monetary aggregates: last data before the unknown
The members of the FOMC have decided to stop publishing weekly data on the M1 and M2-M1 monetary aggregates, as they have been doing for……
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