Not exact matches
Against the backdrop
of current macroeconomic trends — European sovereign
debt, the continued
monetization of U.S. obligations, the prospect
of a hard landing in China — another phenomenon is quietly playing out here in Canada: a continued strengthening
of merger - and - acquisition activity in our mining sector, which could boost what are now severely compressed equity valuations.
Moreover, the fear
of triggering a depression usually pops up soon after the printing presses are dialled down, and central banks feel pressured to quickly resume
debt monetization.
It can be reduced in the form
of implicit
debt forgiveness through
monetization or financial repression.
That
debt monetization scenario I described is definitely within our future — it is only a matter
of when.
In a speech entitled «The Federal Reserve's Monetary Policy Toolkit: Past, Present and Future,» Fed chair Janet Yellen outlined why zero interest rate policy (ZIRP), purchases
of toxic mortgage securities, and
monetization of Treasury
debt just aren't adequate.
It would merely have taken another form — that
of the
monetization of debt through the issue
of bank currency or the creation
of bank credit.»
The yuan's top coincided with the beginning
of the «tapering»
of the Fed's QE3
debt monetization program and the peak in China's foreign exchange reserves at just below $ 4 trillion.
Jesus, I struggle to think
of somebody with any real power in the US who truly gives a flying f**k about their accelerating
debt burden,
debt monetization, or the long - term external value
of the dollar.
Though this only financed a fraction
of the war, it was still
debt monetization: most
of those purchases proved to be permanent.
The speakers largely expect more inflation; more
debt monetization is the path
of least resistance.
The question is, will banks rush to lend money that was hoarded rather then be drained
of freshly minted dollars from the
debt monetization experiment.
So
monetization value
of Burwood should provide a substantial transfer
of RDI's enterprise value from the pile
of chips called
debt to the pile
of chips called market value.
He advises a broad range
of financial and corporate clients on the structuring, negotiation and execution
of various equity - linked transactions, including public and private convertible
debt and preferred stock issuances and associated derivative transactions, accelerated share repurchase programs, registered forward sale transactions, margin loan transactions in respect
of large stakes in publicly traded companies, and equity - linked hedging and
monetization transactions.
Financial considerations: The potential financial benefits
of monetization focus on four factors: capital allocation, average cost
of capital,
debt capacity and future required capital expenditures for real estate assets.