Posts Tagged ‘deflation’

Bob Pollin on QE2 and Deflation

I have been feeling guilty about having posted that funny but misleading video yesterday (they made fun of the Fed’s concern about deflation, and implied that deflation would be good for ordinary people, which is just wrong).  Anyhow, my penance is to post this very good video from the Real News Network. More at The ...Read more.

Wages Up or Down?

(1) Possibly Irrelevant Image: Which  New York Times article are we to believe? (2) Bernanke Says Rising Wages Will Lift Spending, from yesterday’s New York Times (check out the goofy pic of Geithner): Federal Reserve Chairman Ben S. Bernanke said rising wages would probably spur household spending in the next few quarters, even as weak ...Read more.

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