Monetary Realism

Understanding The Modern Monetary System…

Morning Links 3-8-2012

Staggering Facts about Energy extraction in the U.S:

  1. We’ve quadrupled the number of wells in the last 3 years.
  2. We’re doing to challenge Saudi Arabia as worlds top producer
  3. More rigs than rest of world combined when you consider Nat Gas

Posted from Diigo. The rest of my favorite links are here.

A Triple Layer Pie: an apple pie, cherry pie, and pumpkin pie from Cako Bakery in San Francisco


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One Response

  1. beowulf says

    “I’ve been wondering the same thing – why not just drop a bit of the SPR on the market right now and see what happens? ”

    Actually that’s something Paul Davidson suggested a few years ago, using the SPR as a countercyclical buffer stock.