Tag Archives: federal reserve
Salting the Earth with Money
Former Federal Reserve Chairman Alan Greenspan opened his mouth last Friday to caution on the perils of quantitative easing and artificially suppressed interest rates. Greenspan also cogitated upon how to put the worms back into the already opened can. What … Continue reading
Jabberwocky Adhesive Tape
Beware the Jabberwock, my son! The jaws that bite, the claws that catch! Beware the Jubub bird, and shun The frumious Bandersnatch! — Lewis Carroll, Jabberwocky One Scratch Below More is revealed each and every day. For instance, the St. … Continue reading
Market Forces and Market Intervention
Stocks sprinted higher on Tuesday, releasing the pent up demand that developed over the long weekend. The Dow rose 106 points. According to several headlines we read, Dow stocks were boosted by strong housing and consumer confidence reports. Then, on … Continue reading
The Mad World of Money
About 4.4 million workers disappeared from the labor pool over the last four years. Where did they go? No one quite knows, exactly. They don’t show up in the unemployment numbers. But they do exist, hidden behind the statistical shadows. … Continue reading