The Fed has no authority to print money; they never have printed money and can only create reserves. Reserves are not money. Reserves are not part of M1 or M2; they are part of the monetary base.
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irector, Amazon Video on Demand, Roy Price speaks onstage during the Amazon Prime Instant Video portion of the 2014 Summer Television Critics Association at The Beverly Hilton Hotel on July 12, 2014 in Beverly Hills, California.
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Secessionist allies piled pressure on Catalan President Carles Puigdemont to formally declare independence from Spain as a deadline looms for him
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SEOUL, South Korea – The Latest on Samsung Electronics (all times local):. 10:30 a.m.. The chairman of Samsung Electronics' board of directors and one of the company's three chief executive officers says he will resign next year.
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A lackluster offering of European economic data is likely to see financial markets looking ahead to the day's stock of US releases.
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