Tag Archives: federal reserve
The Trifecta of Depravity
You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts. The rich have never had it so good. A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading
Monetary Activism
Sometime in the 1950s twentieth century economist Hyman Minsky developed his Financial Instability Hypothesis. At the cornerstone, is the notion that economic stability breeds instability. How’s that possible? As Minsky observed, financial crisis follow periods of economic prosperity. These periods … Continue reading
Scientific Management of the Economy is Absurd
A Fed insider shattered the glass and pulled the fire alarm this week. “A strengthening U.S. economy may force the central bank to hike rates ‘sooner rather than later’ to stay ahead of inflation,” Philadelphia Federal Reserve President Charles Plosser … Continue reading
Wealth Building for Pigs
Today we close our eyes, tilt back our head, and breathe deeply. Not only do we breathe in oxygen…we breathe in something more: Perspective. We’ve never gutted a hog around here. But, from what we gather, it’s a bloody mess. … Continue reading
