Category: Federal Reserve

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

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

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Yes, Chronically Low Interest Rates Can Harm Recovery

             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

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