Category Archives: Economy
Let the Games Begin!
Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading
Hard Landing Ahead
When Glenn Burke and Dusty Baker invented the high five on October 2, 1977, it was a moment of pure spontaneity. Continue reading
Crisis in the Making
Did you know that the Federal Deposit Insurance Corporation (FDIC) keeps a secret list of problem banks? These are banks that are at risk of failing financially. Continue reading
This Recession Won’t Stop It
One solution to inflation is a recession. An economic downturn where people lose their jobs and are forced to tighten their belts would reduce demand for goods and services. This could slow the rate of consumer price inflation. It may even lead to deflation. Continue reading