The Radford Free Press – Page 184 – All life is problem solving.

The State Of Economics: Krugman Is Wrong

May 16, 2013

Paul Krugman this morning hammers away at hedge fund managers who, by and large, are complaining about Fed monetary policy, and especially its so-called quantitative easing. The managers are all predicting doom and hyperinflation because of the ongoing ease of Fed policy. It might also have to do with those low interest rates making it […]

Economics / austerity, debt ceiling, demand, economic policy, fiscal cliff, GDP, government spending, growth, Keynes, Obama, Republicans, Simpson-Bowles, Social Security /

Shrinking Deficit

May 15, 2013

We have been bombarded for the past few years by an endless stream of analyses, diatribes, and invectives about the horrors associated with the Federal deficit. The tide of red ink that began to flood Washington at the end of the Bush administration and which has abated only slowly under Obama became a feature of […]

Economics / austerity, debt ceiling, Federal deficit, government spending, Keynes /

What Is US Federal Debt Worth?

May 14, 2013

Dean Baker raises a fun point albeit to disparage the much deserving Reinhart-Rogoff 90% analysis. His point is that there is a difference between the publicized value of the US debt and its current worth. This difference, as every finance major can tell you, is because US debt is issued and redeemed at par and […]