Blog Archives

The Most Expensive Political Scandal of the Century?

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Forget “Bridgegate” or the IRS Tea Party scandal. There may be a bigger, far more costly, far more damaging scandal that may be ready to burst on the scene in just a matter of months. This week, allegations came to

Posted in Economics, Interest Rates, Interest Rates, Our Blog Tagged with: , , , , , , ,

We’ve Spent Trillions and Four Years on a “Potemkin Village” 2% “Recovery”. So, What’s Next?

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The dismal March jobs report, printing at less than half of expectations, raise additional questions about the strength of the current recovery.   While its well known the current recovery is weak, its less well-known that this is the weakest

Posted in #EconStats, Bernanke, Economics, Federal Reserve, Interest Rates, Our Blog Tagged with: , , , ,

Yes, Chronically Low Interest Rates Can Harm Recovery

Federal Reserveedited

             Fed Chairman Ben Bernanke’s testimony Tuesday before the Senate Finance Committee, where he reiterated his view that the Fed needed to continue record-low interest rates, reminded me why doctors are required to swear the

Posted in Economics, Federal Reserve, Interest Rates, Interest Rates, Our Blog Tagged with: , , , , ,