The Radford Free Press – Page 215 – All life is problem solving.

Economics / austerity, business investment, economic policy, Federal Reserve Board, inflation, interest rates, monetary policy, unemployment /

Explicit Fed

December 12, 2012

The Fed has shocked some people today. I don’t think it shocking at all. I see today’s announcements as the continuance of a trend, so the shock is not so significant as others seem to think. Still things are different now. The shift people are focusing on is the explicit nature of the Fed’s targeting. […]

Commentary, Economics /

Robots Don’t Buy Stuff

December 12, 2012

With the fiscal cliff now swallowing the entirety of Washington and media corps, the rest of us can sit back and get on with life. We can also start to discuss the real issues that have eroded the economy. Some folks have just noticed that the balance between profits and wages is awry. A lot […]

Economics / austerity, business investment, elections, fiscal cliff, GDP, government spending, plutocracy, Republicans /

What Goes Around

December 10, 2012

Read any news story about the onrushing ‘fiscal cliff’ and somewhere within it will be a reference to the massive damage it is doing to business confidence. A major, if not the only, reason for limp business hiring and investment is the supposed uncertainty that the ‘cliff’ implies. Financial writers especially speak of the ‘cliff’ […]