Tag Archives: federal reserve
In Graphs We Trust
Federal Reserve Chairman Ben Bernanke can’t seem to catch a break. Wherever he turns someone is there to knock his job performance. Senators, Presidential candidates, lowly editorial writers…they’ve all lined up and cast their stones. But why? Hasn’t Bernanke done … Continue reading
Divided We Stand United We Fall
By the time the Vandals sacked Rome in A.D. 455 the empire of the Caesars had already receded from Western Europe. Over several decades the vast territories of Britannia, Hispania, Gallia, and Italia gave way, piecemeal, to barbarians until imperial … Continue reading
Smiling with Gratitude
The Commerce Department reported Tuesday that the economy grew at an annual rate of 2 percent in the third quarter…a downward revision from the initial 2.5 percent estimate made last month. More importantly, it was reported that after-tax, inflation-adjusted incomes … Continue reading
European Money Printing: What Could Possibly Go Wrong?
Last Friday, while many were off for Veteran’s Day, we put in a day at the office, belaboring things portentous to our clients…and by extension ourselves. Nonetheless, we paused a moment to consider the ‘all quiet on the western front’ … Continue reading
