Tag Archives: ben bernanke
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
A Wrong Against the Human Race
Last month brought forth new evidence that not only are things getting better, they’re getting worse too. For instance, borrowing by Spanish banks from the ECB hit a new record in March at 227 billion euros. The banks, in turn, … Continue reading
The Fed’s Next Price Fixing Scheme and You
Free markets these days are always and everywhere under assault. Europe, China, Japan, and the United States, among others, are delving into extreme economic intervention. For whatever reason, uplifters around the globe have taken it upon themselves to meddle in … Continue reading
Everything that’s Wrong with Everything
Is the economy improving or stagnating? Are businesses hiring or firing? Is the stock market a buy or a sell? Will monetary inflation prevail over debt deflation? Quite honestly, we don’t know the answers to these questions. Nonetheless, we have … Continue reading
