All Posts Tagged With: "cheap money"
The Canard of “Underutilized Resources”
Last November the Federal Open Market Committee announced plans to purchase, by printing money, $600 billion of long-term government bonds over the next 6 months. This “quantitative easing,” Fed Chairman Bernanke assures us, is necessary to aid an economy that is suffering from “a very high level of underutilization of resources.” In other words, there’s [...]
24Feb2011 | Tyler Watts | 1 comment | ContinuedFederal Reserve to Leave Interest Rates Near Zero
“The Federal Reserve said Wednesday that it will shut down some of the emergency triage measures it put in place at the height of the financial crisis but will leave interest rates near zero out of continuing concern about the weak U.S. economy.” Never underestimate government’s willingness to delay the inevitable. FEE Timely Classic: “Economics [...]
17Dec2009 | Mike Van Winkle | 0 comments | Continued-
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The Snow Plowers’ Petition
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Super Bowl versus Education?
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Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
