Monthly Archives: May 2012
Mass Delusions of Cupcakes and Credit
According to the Commerce Department, the U.S. economy grew at an annual rate of 2.2 percent during the first quarter of the year. Like the economy, something doesn’t feel quite right about this number. But what is it, really, that … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, bubble, collapse, consumer price index, federal reserve, GDP, labor department
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