The Radford Free Press – Page 342 – All life is problem solving.

Economics / Bernanke, Consumer Price Index, deflation, Federal Reserve Board, inflation, interest rates, stimulus /

What Inflation?

November 17, 2010

If there is one economic factor that the experts on Wall Street have consistently been wrong about, it is inflation. Ever since the great intervention in the economy after the Lehman implosion these analysts have been explaining that the consequent huge increase in the money supply would inevitable – inevitably – produce a sharp increase […]

Economics / deflation, Federal Reserve Board, Milton Friedman, Paul Krugman, recovery, stimulus, unemployment /

The Dark Ages Are Back

November 16, 2010

Here we go. The Dark Ages are upon us. I realize that post modernists have a hard time with the concept of the Dark Ages, but I don’t. They were dark, and filled with a willful ignorance born of an ideological and religious zealotry. Intellectual discourse was suppressed to make way for the only truth […]

Economics / Bernanke, consumption, deficits, deflation, Federal Reserve Board, interest rates, Keynes, monetary policy, stimulus, unemployment /

Bernanke Takes a Beating

November 15, 2010

Poor old Ben, I feel bad for him. Today’s Wall Street Journal carries an open letter from a long list of right wing leaning economists and other sundry analysts urging him to stop all this QE2 nonsense and get back to the proper course of reducing regulation, helping big business, and thinking of nifty ways […]