Archive for the 'Currency' Category

The Monetary Base Finally Moves

The Federal Reserve has for a long time eschewed increasing the money supply directly, and instead has manipulated credit to affect the economy and control inflation. This has led to three important things which are in my opinion at the root of this crisis.

Asset price inflation (at least initially) as opposed to broader price inflation.
A [...]

Baton Rouge ’s Towne Center up for sale

Baton Rouge Towne Center is being listed for sale:
A Dallas company is listing the Towne Center at Cedar Lodge retail center as an investment opportunity. Holliday Fenoglio Fowler is marketing the 358,000-square-foot shopping center as a trophy asset, noting that the retailers in Towne Center such as Whole Foods, American Eagle Outfitters and Coldwater Creek [...]