Tag Archives: ben bernanke
The Sickness that Never Ends
It’s a wacky and wild world out there. We don’t know what to make of it anymore. The tried and true has disappeared from common circulation like pre-1965 quarter dollars. What remains is a lot of claptrap. For example, we’ve … Continue reading
How the Fed Works to Spoil Your Retirement
Chicago Fed President Charles Evans wants inflation above 2 percent. Somehow he thinks this will strengthen the economy and bring about full employment. To Evans, more inflation will result in greater demand…and greater demand means more jobs. Fed policy, according … Continue reading
Travesty of a Free Society
A quick look at the headlines tells us things are looking up. Earlier this week, for instance, the Commerce Department reported that consumer spending rose 0.5 percent in November…notching the seventh consecutive monthly increase. Obviously, this is big news for … Continue reading
How to Get Something for Nothing
The taste of a free lunch is always much richer. The smell is more aromatic. The taste is more flavorful. Most of all, the belly leaves the table more contented. But a free lunch is never really free. We thought … Continue reading
