Explaining Liquidity and the Chinese Plague
The Federal Reserve is now taking steps to stabilize the financial system. The central bank announced on Thursday that it…
Tag: Federal Reserve
Hope and Change (another brief review)
ObamaCare for Dummies: Gallup Polling surveyed 603 small business owners and asked a series of questions to determine the impact…
Ben’s New Look
A new style $100 bill will enter circulation on October 8th, 2013. The new note was unveiled in 2010 and…
Obama’s Vision for You
The Federal Reserve buys all US Treasury securities because nobody else will. It’s the cornerstone of the ObamaNation’s economic “summer…
Political Economic Snapshot
The unemployment rate numbers are so skewed that it’s difficult to know where we stand anymore. With the advent of…
Who/What Caused the Great Depression?
Milton Friedman weighs in on the question. From 1929-1933 the total quantity of currency (M2) in the US declined by…