Tag Archives: QE2

So Long Ben, and Thanks for All the Memories

Outgoing Fed Chair Ben Bernanke took a moment last Friday to bid farewell.  With his final speech as Fed Chair, he endeavored to clarify exactly what he’s been up to over the last eight years.  Many topics were touched upon; … Continue reading

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The United States Can’t Afford Prosperity

Earlier this week it was revealed that something remarkable and totally unexpected happened during the fourth quarter of 2012.  The economy didn’t grow.  It shrank. “Real gross domestic product – the output of goods and services produced by labor and … Continue reading

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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

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Stimulus and Spasmodic Economics

Nerves are fried.  Hands are shaky.  Triggers fingers are happy.  “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help.  The DOW’s fallen 1,258 from its May 1 … Continue reading

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