Here’s a thought: if Washington can set salary caps on Wall Street because taxpayer money is involved, why can’t the rest of America set salary caps on American legislators? Those clowns get government money every single day. They even spend money they don’t have by robbing from generations of unborn Americans. And they’ve run regular structural budget deficits for decades!…
February 5th, 2009 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "the fed"
Debunking the Velocity of Money Myth
I worry about the deflation possibility. I am always considering new facts and old premises as part of an analytical check to my evolving outlook. My recent tirade is not against the “possibility” of deflation – which cannot be denied. It is a reaction to the nonsense that underlies the great many bad arguments for deflation, which are either littered with factual errors about history or rely on theoretical concepts that are outdated, obsolete and have been long discredited…
January 15th, 2009 | Ed Bugos | 9 comments | Continued
The Fed is Losing Control of Inflation
Surging inflation all over the world is putting pressure on the Fed to raise rates. But raising rates in an economy with rising employment and falling house prices could be disastrous.
June 24th, 2008 | Bill Bonner | 1 comment | Continued