Tag Archives: federal reserve

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

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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

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Listening to the Canary

Listening to the Canary By Terry Coxon, Senior Economist During World War II, the British Royal Air Force (RAF) undertook a plan of misdirection to allow a squadron of bombers to approach an exceptionally valuable target in Europe undetected.  The … Continue reading

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This Market’s Ready to Implode

Until about this time last month, the world was practically flawless.  Stocks were on the march.  They were generally moving onward and upward as the Fed had ordained them. New Fed Chair, Janet Yellon, was finding her way too…completing the … Continue reading

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