Definitions by Guido1
econobabble
New self-coined word used to describe the self proclaimed wisdom of all the present day pseudo-economists. They have 100 bogus reasons for what just happened, and just as many for what didn't happen. Kind of like watching sports announcers, during a game, hamming up the leading team and acting like they knew what was going to happen all the time--when they didn't have a clue.
I get so tired of reading all the so-called "experts" on the economy, when in reality it is all just econobabble.
econobabble by Guido1 April 2, 2008
monetary policy
The means by which entities, as government agencies, as the Federal Reserve, Department of the Treasury, and institutions as the central bank, control the supply of money (M1, M3). This process includes trading in foreign exchange markets.
Monetary policy can but viewed in its two forms: expansionary and contractionary. Expansionary policy increases the total money supply (liquidity) and is used to fight unemployment or recessionary pressures, mainly by lowering interest rates. Direct cash infusions to struggling private institutions or government rebates to individuals can be used as emergency measures to avoid panic runs on banks as was seen in the 1929 market crash. These measures are very dangerous and are considered highly inflationary and destabilizing to currency exchange rates. Economic theory would indicate that such uncontrolled printing of money, indicates failure of fiscal policy (which refers to government borrowing, spending, and taxation).
Contractionary policy is used to control inflation by raising interest rates. A "perfect storm" scenario would be when a government "should be" using a contractionary policy and resorts to an expansionary policy.
Monetary policy can but viewed in its two forms: expansionary and contractionary. Expansionary policy increases the total money supply (liquidity) and is used to fight unemployment or recessionary pressures, mainly by lowering interest rates. Direct cash infusions to struggling private institutions or government rebates to individuals can be used as emergency measures to avoid panic runs on banks as was seen in the 1929 market crash. These measures are very dangerous and are considered highly inflationary and destabilizing to currency exchange rates. Economic theory would indicate that such uncontrolled printing of money, indicates failure of fiscal policy (which refers to government borrowing, spending, and taxation).
Contractionary policy is used to control inflation by raising interest rates. A "perfect storm" scenario would be when a government "should be" using a contractionary policy and resorts to an expansionary policy.
The world is very critical of the monetary policy of the United States and is punishing it by devaluing its currency.
monetary policy by Guido1 March 30, 2008
shock factor
shock factor by Guido1 March 28, 2008
Tonya Harding Option
A political strategy being considered by the Clinton campaign to destroy the viability of Barack Obama's political campaign. To compromise your opponent's ability to compete: see Tonya Harding
Tonya Harding Option by Guido1 March 25, 2008
genome
For a biologic organism, the genome is the entire set of hereditary information in DNA form (in some virus, RNA), needed for that organism to replicate itself.
half and halfs
Persons who carry, usually the best genetics of two races. The worlds' best looking women, and the most handsome men, are of mixed ethnic origins. A type of genetic perfection of the homo sapien species is underway due to facility of global communication and transportation systems.
Barack Obama is from the genetic blending of a black man and a white woman. Barack and other half and halfs are still beset by oxymoronic racial stereotypes.
half and halfs by Guido1 March 19, 2008