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Philipji.com Blog on Economics, especially monetary economics

Philip George's blog on economics, especially monetary economics

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Philipji.com Blog on Economics, especially monetary economics | philipji.com Reviews
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Philipji.com Blog on Economics, especially monetary economics | philipji.com Reviews

https://philipji.com

Philip George's blog on economics, especially monetary economics

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1

The monetary contraction continues at a slower clip

http://www.philipji.com/item/2015-05-15/the-monetary-contraction-continues-at-a-slower-clip

The monetary contraction continues at a slower clip. The YoY growth rate of Corrected Money Supply (CMS) continues to fall, though the rate has moderated somewhat. In December 2014 the rate of growth had plunged to 8.4% from 20.2% in February 2014. In the three months since then it has only fallen to 7.3% at the beginning of March. In absolute terms, Corrected Money Supply is higher than in December 2014. Debunker of Keynesian, monetarist and Austrian economics. Buy my new ebook.

2

Philipji.com Blog

http://www.philipji.com/archives/October-2012

Monetary indicators show onward rise. In my previous blog on 9 August 2012 I had said that monetary indicators were showing a slowdown. It seems I spoke too early. The graph of M1 plus sweeps minus business loans below shows a continued rise. The graph of Corrected Money Supply shows an ongoing rise. See the graph below.

3

Philipji.com Blog

http://www.philipji.com/archives/February-2015

Who would guess a monetary contraction is on? The stock markets are near all-time highs, unemployment is falling steadily, the GDP is growing at a nice clip. Who would guess amidst such excellent signals that the US is going through a monetary contraction? But that is exactly what the graph below shows. Overall the economy is following roughly the same trajectory as before the 2008 crash. This time I suspect the end will be much nastier.

4

Philipji.com Blog

http://www.philipji.com/archives/November-2012

About Aircel's 3G service in Thiruvananthapuram. Aircel actually has no 3G service in Thiruvananthapuram; it operates through Tata Docomo. The mobile store keeper knew this but still sold me an Aircel card, probably because Aircel pays a higher commission.

5

Philipji.com Blog

http://www.philipji.com/archives/December-2013

The BEA commits a major blunder on personal saving. On 31 July 2013 the Bureau of Economic Analysis of the USA released the initial results of the 14th comprehensive revision of the National Income and Product Accounts. However, the estimates for personal income, disposable personal income and personal saving have undergone huge revisions. These revisions are mainly the result of using an "accrual approach for measuring defined benefit pension plans". Whatever the faults of the old cash-accounting method...

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Search Engine India Web Directory | India Findouter

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Web Directory for India. Science and Social Science. Saudi Arabia search engine. New Zealand search engine.

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Philipji.com Blog on Economics, especially monetary economics

Money supply growth is falling once again. This blog, which focuses mainly on money supply (using my own measure) has been silent for more than a year. The reason was that there was little to write about. Money supply growth which had fallen steadily from a high of 22.4% YoY in February 2014 to 0.9% in October 2015 went into reverse gear and rose rapidly. Since my previous blog post three of my economics papers have been published in Real World Economics Review. Their titles and links are as below:.

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