The Radford Free Press – Page 299 – All life is problem solving.

Economics / bank reform, banking, Bernanke, Federal Reserve Board /

Central Banker Problems

May 1, 2011

The more I think about Bernanke’s press conference and the ongoing fiscal mess in Europe the more I learn to lower my expectations about central bankers. They all appear to be mere appendages of the banking system. By which I mean they see all the world’s problems through the prism of the magic of the […]

Economics / Bernanke, deflation, Federal Reserve Board, inflation, jobs, stimulus, unemployment, wages /

Fed Failure

April 29, 2011

Paul Krugman is apoplectic. He is right to be. He even has this nifty ‘cloud’ of the words used in Bernanke’s speech and press conference to back up his assertion that the Fed has taken its eye off the ball. I would give him credit for that cloud had my friend Stephan not brought a […]

Economics / jobs, unemployment /

Unhealthy Jobs Jolt

April 28, 2011

The first quarter slowdown in GDP portends stagnation. Possibly. That all depends on how odd the so-called oddities that caused the slowdown are. One thing is more certain: the jobs market appears to have hit a bump. Today’s news that first time claims for unemployment assistance jumped 25,000 back up to a total of 429,000 […]

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