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Bernanke Speaks

The American Economic Association is currently having a big shindig in Atlanta. Amongst the main speakers is Ben Bernanke whose comments have, naturally, attracted much attention. Not only is he up for re-appointment at the Fed, but the Fed itself has become the target for much post-crisis criticism. What he has to say, therefore needs […]

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Shun The Banks

Given that it appears unlikely the administration will do much to reduce the power and influence of our biggest banks I have become a big advocate of direct people’s action against them. Move your business elsewhere. That includes your credit cards everyone! This effort to change the banks by taking away our business is about […]

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Home Prices Flatten Out

Ho hum. One of the great mysteries of recent times, OK I am guilty of a little hyperbole, is that the financial media gets itself into such a lather over home prices. Actually we all do. We cheer each uptick in home prices as confirmation of boom times and our unbelievably sensible decision to buy […]

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