The Radford Free Press – Page 302 – All life is problem solving.

Economics / bank reform, banking, consumer confidence, consumption, wages /

Banks In Search Of Borrowers?

May 2, 2011

Lost in all the news from Pakistan is the quarterly survey of bank lending activity released by the Fed. I usually don’t discuss this rather short and dull document, but today it is worth a brief note. American banks have ramped up their willingness to lend to its highest level in seventeen years. Yes: seventeen […]

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 […]

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