…Calmly observing the changing world
More often than not, the Federal Reserve presents a united front in as many of their statements as possible. So we should take notice when – like now – there is a high profile departure from the consensus opinion. “Monetary policy is a useful tool, but it cannot solve every problem faced by the United [...]
bailout bank failures Bernanke bonds bull market China crash Cuba currency debt debt crisis downgrade ECB economics EU Euro Euro spread fascism federal reserve Federal Reserve buying treasuries foreign currency Geithner Georgia Germany GM gold Greece Iceland interest rates Japan Keynesian money Obama Obama Care rating agencies Russia sarcasm silver sovereign debt state's rights Switzerland Tea Party Tea Party Salem Oregon The Federal Reserve ZLB