Tag Archives: ben bernanke
Overloaded with Debt and No Jobs to Be Had
The Federal Open Market Committee met on Tuesday and Wednesday. The masses waited with anticipation. What did they talk about? Generally, they talked about price controls. More exactly, they talked about controlling the price of the economy’s most important and … Continue reading
Tend to Your Garden
Tomorrow’s the first day of May. You know what that means… If you follow the old adage, ‘sell in May and go away,’ you should sell your stocks. It may be hard to believe, but this is more than just … Continue reading
Open Season on Savers
Austrian economist Ludwig von Mises called it time preference. That is, the assumption that, all else being equal, people prefer attainment of a given end sooner rather than later. People prefer present satisfaction over future satisfaction. These days’ people’s time … Continue reading
Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
