2020年关于现代经济的一些思考(六)

引用References

• Chairman Bernanke’s College Lecture Series: https://www.federalreserve.gov/aboutthefed/educational-tools/chairmans-lecture-series-about.htm
• BOJ Becomes Biggest Japan Stock Owner With $434 Billion Hoard: https://www.bloomberg.com/news/articles/2020-12-06/boj-becomes-biggest-japan-stock-owner-with-434-billion-hoard
• When the Federal Reserve Buys ETFs, Thank the Bank of Japan: https://www.bloomberg.com/news/articles/2020-04-06/when-the-federal-reserve-buys-etfs-thank-the-bank-of-japan
• Postscript: Paul Samuelson https://www.newyorker.com/news/john-cassidy/postscript-paul-samuelson
• Liquidity Traps- Macroeconomics https://www.youtube.com/watch?v=p47uvsjB5E0&ab_channel=JacobClifford
• High Yield Bond: https://www.investopedia.com/terms/h/high_yield_bond.asp
• Ben Bernake - Remarks on Class Day 2008: https://www.federalreserve.gov/newsevents/speech/bernanke20080604a.htm
• How the Federal Reserve Was Formed: https://www.investopedia.com/articles/economics/08/federal-reserve.asp
• Who owns the federal reserve: https://www.thebalance.com/who-owns-the-federal-reserve-3305974
• What Is the Dodd-Frank Wall Street Reform Act? https://www.thebalance.com/dodd-frank-wall-street-reform-act-3305688
• PROMISSORY NOTES ACT OF 1704 (ENGLAND) https://encyclopedia-of-money.blogspot.com/2011/10/promissory-notes-act-of-1704-england.html
• A history of the British banknote
• 黄金货币帝国：掌控全球 https://zhuanlan.zhihu.com/p/61559210
• 建造美国的人 https://www.gcores.com/articles/20669
• The Panic of 1907: J.P. Morgan and the Money Trust https://www.stlouisfed.org/education/the-panic-of-1907-jp-morgan-and-the-money-trust
• The Real Villain Behind Our New Gilded Age https://www.nytimes.com/2018/05/01/opinion/monopoly-power-new-gilded-age.html
• J.P. Morgan’s Character Lesson: https://www.bloomberg.com/news/articles/2002-06-06/j-dot-p-dot-morgans-character-lesson
• J.P. Morgan Documentary: How One Man Financed America https://www.youtube.com/watch?v=5jjdErDkDZE&t=15s
• https://www.investopedia.com/terms/f/federal-reserve-bank-of-stlouis.asp
• https://www.investopedia.com/terms/o/openmarketoperations.asp
• https://www.investopedia.com/terms/f/federal-reserve-regulations.asp
• The 1870-1914 Gold Standard: The Most Perfect One Ever Created: https://www.forbes.com/sites/nathanlewis/2013/01/03/the-1870-1914-gold-standard-the-most-perfect-one-ever-created/
• Economic slump https://www.nationalarchives.gov.uk/cabinetpapers/themes/economic-slump.htm
• How the Bank of England abandoned the gold standard https://www.telegraph.co.uk/finance/commodities/11330611/How-the-Bank-of-England-abandoned-the-gold-standard.html
• DW - 以史为鉴：贸易保护法案催化大萧条
• 花呗，借呗年利率到底有多高？
• War Bonds explained How children helped pay for both world wars
• Promotion of war bonds in the United States during World War II. HD Stock Footage
• How Lyndon Johnson unmade the Democratic Party: https://www.washingtonpost.com/news/made-by-history/wp/2018/03/30/how-lyndon-johnson-unmade-the-democratic-party/
• https://www.history.com/topics/1960s/1960s-history
• Brief History of the Gold Standard in the United States
• Richard Nixons Economic Polices: https://www.thebalance.com/president-richard-m-nixon-s-economic-policies-3305562#citation-16
• Nixon’s Wage and Price Controls: https://www.econlib.org/archives/2016/12/nixons_wage_and.html
• What is stagflation and why is it so dangerous? https://money.howstuffworks.com/stagflation.htm
• Paul Volcker, the most important Fed chair of the 20th century, has died https://www.vox.com/policy-and-politics/2019/12/9/21002682/paul-volcker-dies-federal-reserve-volcker-rule
• https://www.nytimes.com/2019/12/09/business/paul-a-volcker-dead.html
• The Chrysler Bailout of 1979: A Retrospective https://www.investopedia.com/articles/economics/chrysler-bailout.asp

• Spitting Image

  Ronald Reagan

  BritBox https://www.youtube.com/watch?v=keP17ZU6_RU&ab_channel=BritBox

• How does Donald (Trump) compare to Ronald (Reagan)? - BBC Newsnight https://www.youtube.com/watch?v=C_lY_XD6aVA&ab_channel=BBCNewsnight
• How tax brackets actually work https://www.youtube.com/watch/VJhsjUPDulw
• Who pays the lowest taxes in the US? https://www.youtube.com/watch?v=kXCGbAv8YPw&ab_channel=Vox
• https://www.vox.com/videos/2019/3/5/18249732/wealth-tax-better-way-rich
• The Crisis of Credit Visualized - HD https://www.youtube.com/watch?v=bx_LWm6_6tA&t=26s&ab_channel=graphixmdp
• Investment Banking Will Survive The Crisis https://www.forbes.com/2008/09/15/goldman-morgan-banking-biz-wall-cx_pm_0915notes.html?sh=194f4bc02621
• Owning the Consequences: Clinton and the Repeal of Glass-Steagall https://www.demos.org/blog/owning-consequences-clinton-and-repeal-glass-steagall
• Bill Clinton on How Entrepreneurs Can Transform the Country： https://www.inc.com/magazine/201509/james-ledbetter/inc-interview-bill-clinton.html
• Bill Clinton on deregulation: ‘The Republicans made me do it! https://archives.cjr.org/the_audit/bill_clinton_the_republicans_m.php
• https://www.wsj.com/amp/articles/SB113392265577715881
• What is the Yield Curve, and Why is it Flattening? https://www.youtube.com/watch?v=5L_zQGPNXOk
• Relationship between bond prices and interest rates Khan Academy https://www.youtube.com/watch?v=I7FDx4DPapw&ab_channel=KhanAcademy
• Introduction to bonds Stocks and bonds Khan Academy https://www.youtube.com/watch?v=Qh-M3_L4xYk&ab_channel=KhanAcademy
• Japan: The Fading Economy https://www.youtube.com/watch?v=ErUQnd-YFGg&ab_channel=EconomicsExplained
• Capital Requirements: https://www.investopedia.com/terms/c/capitalrequirement.asp
• 2020Dec IPO Mania Sweeps Over Robinhood Crowd and Stokes a 111% Rally。
• Newyorker - Liberalism According to The Economist)
• Andrew Carnegie Claimed to Support Unions, But Then Destroyed Them in His Steel Empire https://www.history.com/news/andrew-carnegie-unions-homestead-strike
• Four Reasons Financial Intermediaries Fail https://www.youtube.com/watch?v=cdGA9t_PDpY&ab_channel=MarginalRevolutionUniversity

• The Bank of England: https://www.bankofengland.co.uk/

• Fed doesn t really need to buy corporate bonds https://www.bloomberg.com/opinion/articles/2020-06-15/fed-doesn-t-really-need-to-buy-corporate-bonds
• Fed seems to skirt the law to buy corporate bonds https://www.bloomberg.com/opinion/articles/2020-06-18/fed-seems-to-skirt-the-law-to-buy-corporate-bonds
• One percenters close to surpassing wealth of u s middle class https://www.bloomberg.com/news/articles/2019-11-09/one-percenters-close-to-surpassing-wealth-of-u-s-middle-class
• One percenters close to surpassing wealth of u s middle class https://www.bloomberg.com/news/articles/2019-11-09/one-percenters-close-to-surpassing-wealth-of-u-s-middle-class
• Milton friedman was wrong look at income inequality https://www.bloomberg.com/opinion/articles/2020-09-18/milton-friedman-was-wrong-look-at-income-inequality
• Boj becomes biggest japan stock owner with 434 billion hoard https://www.bloomberg.com/news/articles/2020-12-06/boj-becomes-biggest-japan-stock-owner-with-434-billion-hoard
• 凯恩斯主义、货币主义和理性预期学派在失业和通胀关系问题上观点的主要差异 - 知乎 https://zhuanlan.zhihu.com/p/129648456
• 2008年金融危机的形成、泡沫和复苏全过程-虎嗅网 https://www.huxiu.com/article/281200.html
• YOLO：不甘沉默的大多数_详细解读_最新资讯_热点事件_36氪 https://www.36kr.com/p/1075552592769921
• Timeline: A short history of QE and the market - Marketwatch http://projects.marketwatch.com/short-history-of-qe-and-the-market-timeline/
• 一步到零，美联储为何如此激进？ - 专家观点 - 罗汉堂 https://www.luohanacademy.com/cn/insights/5e3da4ceb80664d6
• 一个简单的例子让你了解资产负债表！ - 知乎 https://zhuanlan.zhihu.com/p/118557325
• 如何看待主持人崔娃关于近期美警暴力执法引起骚乱等事件的发声？ - 知乎 https://www.zhihu.com/question/398493429/answer/1258461624
• 怎么理解 输入性通货膨胀？ - 知乎 https://www.zhihu.com/question/277816021
• 如何看待亚当斯密的《道德情操论》和《国富论》？ - 知乎 https://www.zhihu.com/question/20879716
• The 1870-1914 Gold Standard: The Most Perfect One Ever Created https://www.forbes.com/sites/nathanlewis/2013/01/03/the-1870-1914-gold-standard-the-most-perfect-one-ever-created/?sh=29ce5b374a6a
• Are bank deposit liability or asset? - Quora https://www.quora.com/Are-bank-deposit-liability-or-asset
• Modern Monetary Theory, explained - Vox https://www.vox.com/future-perfect/2019/4/16/18251646/modern-monetary-theory-new-moment-explained
• 504 GATEWAY_TIMEOUT https://advisors.vanguard.com/insights/article/whatsgoodforthefedmayalsobegoodforinvestors
• Fed Reveals Which Bond ETFs It Purchased - ThinkAdvisor https://www.thinkadvisor.com/2020/06/01/fed-reveals-which-bond-etfs-it-purchased/
• The financial crisis of 2008: How housing contributed - Curbed https://archive.curbed.com/2018/8/29/17788844/financial-crisis-2008-cause-housing-mortgage-lending
• The Dark Side of Darwinism - Philosophy for the Many https://sites.williams.edu/engl-209-fall16/uncategorized/the-dark-side-of-darwinism/
• Before ‘The Wealth Of Nations,’ Adam Smith Penned The Ultimate Guide To A Moral Life - HuffPost Life https://www.huffpost.com/entry/before-he-wrote-a-manifes_n_5772360
• Reserve Requirements Definition https://www.investopedia.com/terms/r/requiredreserves.asp
• Credit: How it is Created (Financial Economics) - Economics - tutor2u https://www.tutor2u.net/economics/reference/financial-economics-creating-credit
• ‘Wealth increase of 10 men during pandemic could buy vaccines for all’ - BBC News https://www.bbc.com/news/world-55793575
• Accounting Equation Definition https://www.investopedia.com/terms/a/accounting-equation.asp
• The Fed bought more blue-chip and junk bonds, and has started making Main Street loans https://www.cnbc.com/2020/08/10/the-fed-bought-more-blue-chip-and-junk-bonds-and-has-started-making-main-street-loans.html
• Moneyness: The Idiot’s Guide to the Federal Reserve Interdistrict Settlement Account http://jpkoning.blogspot.com/2012/02/idiots-guide-to-federal-reserve.html
• US Net Wealth - deconstructingrisk https://deconstructingrisk.com/tag/us-net-wealth/
• Federal Funds and Interest on Reserves - Fedpoints - FEDERAL RESERVE BANK of NEW YORK https://www.newyorkfed.org/aboutthefed/fedpoint/fed15.html
• Amazon Not Paying Federal Income Taxes on $11.2 Billion Profits - Fortune https://fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/
• Amazon Just Killed a Tax That Helps Homeless People - Fortune https://fortune.com/2018/06/12/amazon-just-killed-a-tax-that-helps-homeless-people/
• SPAC 是什麼？有什麼好處？運作流程與結構？SPAC IPO 上市 為何在美國爆紅？
• Thomas Jefferson and slavery - Wikipedia https://en.wikipedia.org/wiki/Thomas_Jefferson_and_slavery
• Accounting Equation Definition https://www.investopedia.com/terms/a/accounting-equation.asp
• FDIC: Insured or Not Insured? https://www.fdic.gov/deposit/covered/notinsured.html
• Nonbank Financial Companies (NBFCs) Definition https://www.investopedia.com/terms/n/nbfcs.asp
• If You Don’t Understand Banks, Don’t Write About Them https://www.forbes.com/sites/francescoppola/2019/09/17/if-you-dont-understand-banks-dont-write-about-them/?sh=3af754322e69
• House Passes $3.8 Trillion in Tax Cuts - Fortune https://fortune.com/2018/09/28/house-3-8-trillion-tax-cut-passes/
• How billionaires got $637 billion richer during the COVID-19 pandemic https://www.businessinsider.com/billionaires-net-worth-increases-coronavirus-pandemic-2020-7
• The Dark Side of the Gilded Age - The Atlantic https://www.theatlantic.com/magazine/archive/2007/06/the-dark-side-of-the-gilded-age/306012/
• How billionaires got $637 billion richer during the COVID-19 pandemic https://www.businessinsider.com/billionaires-net-worth-increases-coronavirus-pandemic-2020-7
• 乔治·佛洛伊德之死：从“我会改变世界”到“我无法呼吸”的一生 - BBC News 中文 https://www.bbc.com/zhongwen/simp/world-52988524
• Could Blockchain Solve Our Growing Privacy Issue? https://www.forbes.com/sites/danielnewman/2019/05/08/could-blockchain-solve-our-growing-privacy-issue/?sh=3986b6d35eb4
• The Rich Can’t Get Richer Forever, Can They? - The New Yorker https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever-can-they
• Commentary: Amazon HQ2: How Jeff Bezos Avoids Paying Taxes - Fortune https://fortune.com/2018/11/21/amazon-hq2-tax-breaks-subsidies/
• What are the fundamental accounting differences between capital requirements and reserve requirements set for a bank? - Quora https://www.quora.com/What-are-the-fundamental-accounting-differences-between-capital-requirements-and-reserve-requirements-set-for-a-bank
• Understanding the Federal Reserve Balance Sheet https://www.investopedia.com/articles/economics/10/understanding-the-fed-balance-sheet.asp
• What is a SPAC? - CNBC Explains - YouTube https://www.youtube.com/watch?v=jfNFI5JhrvA&ab_channel=CNBCInternational
• The Rich Can’t Get Richer Forever, Can They? - The New Yorker https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever-can-they
• Top 1% Of U.S. Households Hold 15 Times More Wealth Than Bottom 50% Combined https://www.forbes.com/sites/tommybeer/2020/10/08/top-1-of-us-households-hold-15-times-more-wealth-than-bottom-50-combined/?sh=53b2f0b75179
• Milton Friedman On The Social Responsibility Of Business – Forbes Advisor https://www.forbes.com/advisor/investing/milton-friedman-social-responsibility-of-business/
• Fact Sheet: Taxing Wealthy Americans - Americans For Tax Fairness https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-taxing-wealthy-americans
• Japan’s Banks Find It Hard to Lend Easy Money - WSJ https://www.wsj.com/articles/SB10001424052702304470504579163094082999108
• How tax brackets actually work - YouTube https://www.youtube.com/watch?v=VJhsjUPDulw&ab_channel=Vox
• Junk Bond Yields Hit Record Low: Most Distorted Markets Ever - Wolf Street https://wolfstreet.com/2020/12/04/nobodys-worried-about-nothin-junk-bond-yields-hit-record-low/
• A better way to tax the rich - YouTube https://www.youtube.com/watch?v=pTwPHuE_HrU&ab_channel=Vox
• How does US tax law allow billionaires not to pay? Read this and try to understand - CNNPolitics https://edition.cnn.com/2020/09/28/politics/tax-law-101/index.html
• What is Equity - YouTube https://www.youtube.com/watch?v=Q1z395u60xU&ab_channel=TheFinanceStoryteller
• Even as Americans Grew Richer, Inequality Persisted - The New York Times https://www.nytimes.com/2020/09/28/business/economy/coronavirus-pandemic-income-inequality.html
• Here are 5 ways the super-rich manage to pay lower taxes https://www.cnbc.com/2019/02/21/here-are-5-ways-the-super-rich-manage-to-pay-lower-taxes.html
• Herbert Spencer - American Experience - Official Site - PBS https://www.pbs.org/wgbh/americanexperience/features/carnegie-herbert-spencer/
• 各国都在争抢外国富人 - SWI swissinfo.ch
• Amazon had to pay federal income taxes for the first time since 2016 https://www.cnbc.com/2020/02/04/amazon-had-to-pay-federal-income-taxes-for-the-first-time-since-2016.html
• Society Has Become More Unequal Since Milton Friedman’s Day - The New York Times https://www.nytimes.com/2020/09/10/business/dealbook/milton-friedman-inequality.html
• Repo: How Roughly $1 Trillion Moves Overnight - WSJ - YouTube https://www.youtube.com/watch?v=gzCkXNrjFQM&ab_channel=WallStreetJournal
• Open Market Operations (OMO) Definition https://www.investopedia.com/terms/o/openmarketoperations.asp
• How to tax the rich, explained - Vox https://www.vox.com/2019/3/19/18240377/estate-tax-wealth-tax-70-percent-warren-sanders-aoc
• A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits - The New York Times https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html
• Quantitative Easing: How Well Does This Tool Work? - St. Louis Fed https://www.stlouisfed.org/publications/regional-economist/third-quarter-2017/quantitative-easing-how-well-does-this-tool-work
• Chamath Palihapitiya explains why SPAC’s are awesome - YouTube https://www.youtube.com/watch?v=TO8WZgLTxkk&t=74s&ab_channel=InvestinYourself
• Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes – ITEP https://itep.org/amazon-in-its-prime-doubles-profits-pays-0-in-federal-income-taxes/
• 40% of Americans don’t have $400 in the bank for emergency expenses: Federal Reserve - ABC News https://abcnews.go.com/US/10-americans-struggle-cover-400-emergency-expense-federal/story?id=63253846
• FRB: H.4.1 Release– Factors Affecting Reserve Balances – Thursday, February 4, 2021 https://www.federalreserve.gov/releases/h41/current/h41.htm
• The Rich Can’t Get Richer Forever, Can They? - The New Yorker https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever-can-they
• Enclosing in God’s Name, Accumulating for Mankind: Money, Morality, and Accumulation in John Locke’s Theory of Property。
• Corporate debt nears a record $10 trillion, and borrowing binge poses new risks - The Washington Post https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html
• Stock market ends year at record levels - The Washington Post https://www.washingtonpost.com/business/2020/12/31/stock-market-record-2020/
• Jason Zweig WJS Columns: Jason Zweig - Investors Piled Into This Magical Money Machine. Now They’re Stuck.
• Trump’s lawyer plays a video of Democrats and celebrities advocating violence at impeachment trial
• 郑戈-马基雅维利的三副面孔
• 尼尔·波兹曼 - 娱乐至死
• The complete FUN TO IMAGINE with Richard Feynman - See new HD upload https://youtu.be/nYg6jzotiAc
• The Roots Of Anti-Asian Racism
• https://twitter.com/atrupar/status/1372203730481864713

“Yesterday was a really bad day for him and this is what he did” – a law enforcement official explains Robert Aaron Long’s decision to kill 8 people in a strange manner