Follow Us!
Other Economy and Market Commentary
- Bill Gross
- Frank Beck
- Hoisington Management
- Martin Wolf
- Richard Fisher
- Texas Enterprise
Most Popular
-
Recent Posts
About the Spellman Report
Lew Spellman is a Professor of Finance at the University of Texas McCombs School of Business. The Spellman Report seeks to interpret current and future trends in the economy and financial markets from the perspective of history, theory, policy and market expectations.Videos
-
The Vulnerability of Private Wealth to Government Financial Stress
-
QEs, Currency Wars, the Trillion Dollar Platinum Coin and the Route to “Modern” Inflation
-
VIDEO - Texas Financial Market Roundtable 2012
-
Roadblocks to Recovery an Interview with Dr. Lacy Hunt
-
Frank Beck on Investing in Uncertain Times
-
The Vulnerability of Private Wealth to Government Financial Stress
Tag Archives: Non-bank banks
An Ode to George Bailey, Credit in a Banking-less World and How Much QE Is Enough
Though financial regulation has taken the friendly local loan officer (George Bailey) out of the credit equation, the Fed’s Quantitative Ease is creating credit at close to record rates of growth. The credit generation is not in the usual ways, but in amounts sufficient to generate an economic expansion. Read about the creative market response to increases in the monetary base when banks are handcuffed to Dodd-Frank. Continue reading

