2. Robert Mundell sponsors a Chinese chess tournament
3. Problems in the repo market
4. Not enough acorns in Virginia
by Tyler Cowen on December 16, 2008 at 8:39 pm in Web/Tech | Permalink
2. Robert Mundell sponsors a Chinese chess tournament
3. Problems in the repo market
4. Not enough acorns in Virginia
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I’m not an expert on finance, so this may be a really stupid question, but why is it that “(w)hen rates tumble to low levels, it reduces the economic incentive to lend securities”? As I understand it, you are getting a cash loan when you loan out your Treasuries. A lower rate on that cash loan sounds like a reason you would want to lend out more.
I’m trying not to make a joke about having a squirrel in our pants comment.
“Squirrel and deer numbers will almost certainly go down.”
Now that’s a real crisis.
When I first read #2, I thought it would be a Chinese Chess tournament, not a chinese Chess Tournament.
All the squirrels in my back yard are really fat this year. Despite the extra weight, my Schnoodle still can’t catch them.
“Not enough acorns in Virginia”
Heh, heh. That reminds me of a headline in the University of Oregon student newspaper one year. A prof who liked to feed the squirrels had noticed an acorn shortage, and the headline read” “Professor says fewer nuts on campus this year.”
Anyone familiar with the UO will know why that was a sidesplitter.
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