Tag Archives: interest rate
“We Know Better!”
Monetary intervention into credit markets is much easier to start than to stop. In fact, once started, monetary intervention is nearly impossible to stop. Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading
The Malady of the Federal Reserve
Ben Bernanke and his pals at the Federal Reserve are meeting today to come up with their next plan for manipulating credit markets. Tomorrow they’ll let us know their grand designs for monkeying with the money supply and interest rates. … Continue reading
When the Gravy Train Jumps the Tracks
The future consequences of all that has been done to the financial system and the economy over the last four years – from late 2008 to the present – are largely not understood. There seems to be some broad impression … Continue reading
What You Are Up Against
The Bureau of Labor Statistics reported last Friday that consumer prices increased 0.6 percent in August. Over the last 12 months, according to the BLS, consumer prices increased 1.7 percent. Nonetheless, if you’ve paid bills or bought anything lately you … Continue reading
