Tag Archives: federal reserve
Things Are Getting Better and Other Popular Lies
The President says things are getting better. The economy’s improving. There will be prosperity for all in our time. But if you live outside the Washington beltway, and earn your living through honest means, you know this is essentially a … Continue reading
Beardless Ben and Bad Bet Summers
Plenty of ink has been spilled lately brooding over who’ll be the next Fed Chairman when Ben Bernanke’s term concludes on January 31, 2014. Here at the Economic Prism we really don’t give a rip who the next monetary Caesar … Continue reading
Exercises in Futility
Something rather inconvenient is going on. Quite frankly, we don’t like it one bit. Despite all the assurances of robust economic recovery, the opposite appears to be happening. The economy isn’t climbing up. It’s slipping back. In fact, last week … Continue reading
Ingesting Rabbit for Supper
All of the sudden boring old government bonds have become real interesting. For over the last six weeks a remarkable new awareness has come over the credit market… If you can believe it, interest rates don’t always go down. In … Continue reading
