The Federal Reserve’s massive bond buying stimulus program has been in and out of the news for months as the Fed hints at tapering it down, only to backpedal in light of changes to the economic picture. But even as the Fed continues its will they, won’t they dance, a...
Back when Ben Bernanke and his mob over at the Federal Reserve began talking about quantitative easing (QE), we wrongly assumed that the Fed chairman wanted his mammoth cash infusion to actually reach the economy via loans from private banks to small business. How...
QE3 isn’t a luxury liner. “Quantitative easing” is an instrument of the Federal Reserve designed to keep mortgage interest low and stimulate economic recovery. The “3” means the current incarnation of this strategy is the third attempt to reinvigorate the economy...
In the current election-year political climate, the expected rhetoric about “helping the poor” is being heard from almost every politician and political propagandist in the nation. Typically, this flavor of campaign speech involves a proposal to increase taxes on “The...
The general price level in 2010 relative to 2009 shows average price levels that are nearly flat. The reason for this trend is significant commodity price increases in 2007 and 2008 that collapsed after the global financial crisis. Much of the reason for the price...
