The Wall Street Journal’s Anna Hirtenstein reported last week that U.S. companies “are sitting on a record amount of cash.” According to the Journal reporter, the number is $6.84 trillion. To ...

A simple search on Google indicates that Warren Buffett’s Berkshire Hathaway has roughly $167 billion in cash or cash equivalents. That one of the world’s foremost investors has so much cash on hand ...

Warren Buffett’s Berkshire Hathaway reported earnings last weekend, including a 40 percent increase in operating earnings. Wise minds can and will debate the good or bad of the report. What makes a ...

Despite the negative GDP surprise there was a silver lining; the velocity of money actually increased for the first time in over a year. Click to enlarge: This is a very positive development since it ...

There seems to be a lot of debate in the blogosphere about how to evaluate whether monetary policy is too tight. Specifically, Arnold Kling notes: According to Sumner, we know that the Fed tightened ...

The money multiplier in the country is expected to reach a new high of 5.01 at the end of June this year, indicating that the ngultrum is generating more money than before. money Druk does in locked ...

Basically the authors looked at whether the economic theory of money multiplier (a central concept in fractional reserve banking) is supported by empirical data, and found that it is not. Part of the ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...

Textbook monetary theory holds that increasing the money supply leads to higher inflation. However, the Federal Reserve has tripled the monetary base since 2008 without inflation surging. With ...