Monthly Archives: July 2013
Update (August 1) – I shortened this article slightly from the original. Based on media reports over the past few weeks, there are two clear front-runners in the competition to be named Ben Bernanke’s successor as Fed chairman. Current Vice … Continue reading
Detroit’s bankruptcy filing is one depressing read. Poverty, crime, blight – you name the malady and there’s plenty of data to back it up. And unfortunately, Detroit’s not alone. You may be wondering which city hits the wall next.
In a recent article titled “Step Right Up and Test Your Central Banking Skills against the Scariest Economy of All,” I encouraged readers to: [Apply] your economic and policy beliefs to early 1928 conditions, and then [ask] how your decisions … Continue reading
In case you missed the late announcement, Ben Bernanke is scheduled to deliver a speech on Wednesday afternoon, covering the Federal Reserve Bank’s track record through its 100 year history. Presumably, he’ll also spend time defending current policies, in both prepared remarks and … Continue reading
(Here’s the article that goes with this appendix.)
I offer a chance to test yourself as King of the World. By that, I mean top dog at the Federal Reserve Bank. The test is based on two scenarios, one describing our circumstances today and I’ll explain the second … Continue reading
Here are a few links from my catch-up reading this morning, from bloggers who were more productive than I was on Independence Day. You’ll see that the common theme is public spending.