The Radford Free Press – Page 352 – All life is problem solving.

Economics / Bernanke, consumption, deficits, depression, Federal Reserve Board, fiscal policy, GDP, Keynes, monetary policy, recession, Stiglitz, stimulus /

What a Strange World

October 19, 2010

What a very strange world indeed. This morning we have Joe Stiglitz, who has a reputation for being a bit of a renegade in economics, arguing against more quantitative easing in an op-ed piece for the Financial Times. At the same time we have Gavyn Davies reporting in the same paper that Bernanke is hell […]

Economics / bank reform, banking, Bernanke, Federal Reserve Board, Geithner, Japan, recession, stimulus /

Don’t Ask, Don’t Act

October 18, 2010

The military may be having an issue with its notorious”don’t ask, don’t tell” policy, but the economy is having an even bigger problem of its own. Policy makers and media don’t ask how big the problem is. Then, if they discover what’s going on by accident, they don’t act proportionately. Don’t ask, don’t act is […]

Economics / Consumer Price Index, deflation, inflation /

Inflation … What Inflation?

October 15, 2010

Just a brief note on today’s inflation report: those of you expecting more action from the Fed to stimulate the economy will have that expectation reinforced. Inflation in September, as measured by the Consumer Price Index, was a meager 0.1%. Over the past twelve months it has been 1.1%. And that’s including a 5.1% increase […]