Posts Tagged ‘the Fed’
S&P, the Fed, IKEA, etc.
This is going to be a quick series of links–it’s a beautiful day out and I want to enjoy the last couple of hours of daylight! (1) Now that stock volatility has returned, it’s time to start monitoring the Brokers With Hands On Their Faces Blog. It’s hilarious. (Hm… the lead photo for today is ...Read more.
Senator Sanders’ Socialism (Nancy Folbre)
(1) Nancy Folbre at the New York Times’ Economix: A nice piece about Sanders’ filibuster against the tax compromise: When the rumpled, plain-spoken Senator Bernie Sanders of Vermont spoke virtually nonstop for more than eight hours on Dec. 10 to explain his opposition to tax cuts for the rich, he quickly became a YouTube and ...Read more.
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.
