New Releases on Seeking Alpha This Week

Here are three articles I've published exclusively on my page on Seeking Alpha during the last week. Click each link to access - it's free, but require registration.

*	The Purchasing Power Of Money: 5 Factors Supporting The Case For Cash
*	Does It Matter That Margin Debt Just Hit A New All-Time High?
*	Troubles Ahead For The U.S. Economy As This Important Ratio Peaks

Recent Articles Published on Seeking Alpha

I have recently published a series of articles addressing the money supply, the business cycle, and the stock market that might be of interest to EcPoFi readers. Here's a selection:

• Troubles Ahead For The U.S. Economy As This Important Ratio Peaks
• Economic Issues Unfold As The Money Supply High Tide Ebbs And Becomes Low Tide
• The Banking Crisis - Why It Will Happen Again
• The Austrian Theory Of The Business Cycle - A Short Synthesis
• How A Stock Market Sell-Off Can Trigger A GDP Recession
• Inflection Point For The U.S. Economy As This Recession Trigger Now Put In Motion

Visit me on Seeking Alpha to access other articles as well.

Inflection Point For The U.S. Economy

As I've previously pointed out (e.g. here), over the past few months and especially in recent weeks bank lending growth has tanked, exerting downward pressure on the money supply growth rate.

In my latest article on Seeking Alpha titled

Inflection Point For The U.S. Economy As This Recession Trigger Now Put In Motion, I discuss the possible implications of these very important developments in the U.S. economy.

The Contradictory Missions Of Central Banking

I have just published an article on Seeking Alpha addressing a fundamental problem with central bank policies: the incompatible objective of achieving both consistent price inflation and economic stability. 

The article can be accessed here.

The Classic Boom Bust Cycle: Banks' Equity Ratios Near 2008 Levels as Growth in Lending Increases Further, Monetary Base Hits $4 Trillion

It's taken a tremendous amount of hard work by the busy treasury and mortgage-backed security traders at the New York Fed, but here we are: the U.S. monetary base a few days ago eased passed the perhaps not so magical US$4 trillion mark. Since week ending 10 September 2008, five days before the Lehman collapse, the monetary base has fattened by a stunning US$3.145 trillion, or 359% during the course of less than six years. 

The full article is published exclusively on Seeking Alpha. You can access the article here. 

The U.S. Money, Credit & Treasuries Review is a report issued on a bi-weekly basis by EcPoFi. You can access all previous issues since February 2013 here.

Related: 

It's The Money Supply, Stupid: 10-year Average Earnings- and Dividend Yields, S&P 500 (as of 21 Mar-14)

The Central Banker of All Central Bankers Explains The Way To Recovery

Why QE3 Will Fail 

Reserve Ratios of U.S. Depository Institutions - Better, But Still Very Fractional

One thing that has improved in the aftermath of the 2008 U.S. banking crisis is that reserve ratios of U.S. depository institutions have improved significantly. However, depository institutions remain highly leveraged, the trademark of a fractional reserve banking system, as it has improved compared to a very poor starting point. 

The full article is published exclusively on Seeking Alpha. You can access the article here. 

The Classic Boom Bust Cycle Continues, Rampant Business Lending In The U.S.

Further stock market gains are facing heavy headwinds in the U.S. as earnings growth is slowing and the Fed is indeed tapering (for now). The reach for yields driven by artificially low interest rates have rocketed many asset prices upwards to new all-time highs, some reaching spectacular highs (though some have slipped back a little in recent weeks).

The full article is published exclusively on Seeking Alpha which you can access here. 

Norway's Biggest Bank Poses Serious Threat to Financial Stability

DNB ASA, of which the Norwegian Government owns 34.0%, is the by far the biggest bank and financial services group in Norway. The bank's highly leveraged balance sheet and big market share, combined with highly indebted Norwegian households, pose a serious risk to financial stability in Norway.

The full article is published exclusively on Seeking Alpha which you can access here.