economics

If China exports less capital, its trade surplus will decline. This is an arithmetical necessity.

Segment 2: How Are Semiconductors Made?

So, how are semiconductors made? It’s a blend of cutting-edge science and impressive industrial precision—a mix of chemistry, physics, and engineering that brings together expertise from around the world.

It all starts with silicon, one of the most abundant elements on Earth. Silicon is extracted from quartz

expanding the monetary base is very different than expanding the broad money supply. Many people think that QE alone is inflationary, but it’s not. At most, QE alone is anti-deflationary, or inflationary for asset prices in particular. On its own, QE doesn’t result in more money in peoples’ pockets chasing more goods, or higher commodity prices.

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In order to further empower local governments, the Commission recommends substantially enhanced resources available to them, compared to any earlier periods. In line with the overall spirit of this report to create a balance between needs and performance, the allocation of funds to local governments is generally linked to certain performance

That in fact is one reason why it is not good to bring such protected interests into existence in the first place.

Basically, if someone went into these past couple of years owning a house with a low fixed-rate mortgage, a portfolio of financial assets, and decent income, then they’re probably feeling pretty okay right now, economically speaking. However, those who didn’t manage to get a house before mortgage rates rose sharply, and/or who don’t have a lot of

Relative valuation can be done with less information and more quickly than intrinsic valuation and is more likely to reflect the market mood of the moment. Not surprisingly, most valuations that you see are relative.

There’s no single best way to quantify it, but if I had to point to one set of charts, I would say that fiscal dominance occurs when annual public deficits exceed the sum of annual net bank lending and annual net corporate bond issuance on a sustained basis, especially without having been caused by a recession.

The introduction and then subsequent final expiration of these programs are an extremely underdiscussed element of the election results (though since I started working on this piece, some coverage has emerged). Yes, price increases, particularly those for food, energy and rental housing had a crucial- and continuing — impact on many households,