Tag Archives: alan greenspan

“The Future Ain’t What It Used to Be”

The populace, through a long sequence of self-inflicted economic and social depravities, has a bazillion and one fire ants up its pantaloons. What’s more, they don’t like the uneven mix of pain and panic this provokes. But they aren’t quite sure how to put a stop to it. Continue reading

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Alan Greenspan’s Pickled Economy

Former Federal Reserve Chairman Alan Greenspan resurfaced this week.  We couldn’t recall the last time we’d heard from him.  But, alas, the old fellow’s in desolate despair. On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite … Continue reading

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The Fed’s Stars Never Aligned

On Wednesday, following the two day Federal Open Market Committee meeting, Fed Chair Janet Yellen will likely announce that the Fed will do something they haven’t done in nearly a decade.  They will raise the federal funds rate. Obviously, a … Continue reading

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Manna from Heaven

Modern day monetary policy’s something we disparage around here at the Economic Prism.  Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society.  That’s how we … Continue reading

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