The Radford Free Press – Page 436 – All life is problem solving.

Economics / Bernanke, GDP, inflation, interest rates, monetary policy, recovery, stimulus, unemployment /

Bernanke Speaks: Modest Growth Ahead?

November 16, 2009

In comments made today Bernanke has given a cautiously optimistic view of the economic outlook. I emphasize the word cautious. Allow me to summarize: The economy grew about 3.5% in the third quarter, breaking a four quarter span of decline. Bernanke sides with the optimists in arguing that this growth came from sufficiently diverse sources […]

Economics /

Trade and The Dollar 2

November 16, 2009

This morning Paul Krugman has an op-ed in the New York Times explaining some of what I was alluding to last Friday. The key point to bear in mind is that trade and currency issues often lap over into domestic policy decision making. So what may appear to be a little abstract to the average […]

Economics / capital flows, devaluation, dollar, exports, imports, trade balance /

Trade and The Dollar

November 13, 2009

You all know that the dollar is steadily declining in value. It has been in a slow motion decline for years, but since March it has lost value at a slightly faster pace and has devalued about 16% since then. If this keeps up we will be headed into a full blown currency storm which […]