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Tag Archives: interest rates
Amplified Losses
Federal Open Market Committee meetings are always a spectacle. The forthcoming FOMC meeting, scheduled for September 16 and 17, should be particularly endearing. For despite the Fed’s claim to provide transparency the upcoming policy announcement is cloudier than pollywog stew. … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, interest rates, janet yellen, orange county bankruptcy, robert citron
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The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, interest rates, janet yellen, larry summers, monetary policy
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