By: georgefox
“the Fed is effectively offering to finance whatever deficit the U.S. government chooses to run at almost no cost.” WHAT????
View ArticleBy: LysanderTucker
It doesn’t matter which way the election goes. Neither side has ever repealed anything the other has done, they just tweak it. It’s all smoke and mirrors. Either way we’ll get more laws that trample us...
View ArticleBy: robb1
Well written: “sensible long-term program of gradual fiscal consolidation” Taking into account we need to compete globally but while generating domestic jobs.
View ArticleBy: ManInTheShadows
“Bernanke sees unacceptable levels of unemployment and attributes them to an excess of saving over investment by the private sector.” An excess of saving? Millions of the lower working class citizens...
View ArticleBy: jrpardinas
Great article! The Europeans have a demonstrated talent for self-destruction. And no European country has been as destructive of self (and others) as the Germans. They’ve surpasses in their austerity...
View ArticleBy: paintcan
No Government can finance itself indefinitely as a kind of fiscal perpetual motion machine.
View ArticleBy: scythe
narrow minded interpretation of what is “good” for americans bernanke’s bond buying is good for market traders but not average joe america who does not receive a dime from their fed article reads like...
View ArticleBy: GrahamLovell
In 2014, it is our best hope that Europe will have stabilised, and that gradually reviving economies in each of its states will push the EU zone government budgets into a surplus. Given the constraints...
View ArticleBy: oregun
Our politicians are so confident they can borrow and print money forever, they don’t recognize its resulting hyper-inflation as the true FISCAL CLIFF. Instead they say the FISCAL CLIFF is a few...
View ArticleBy: bcartrite
@ManInTheShadows: I believe the article is referring to the roughly $2T businesses are sitting on, in addition to the $1T banks are holding, as the “savings” that are preventing the economy from...
View ArticleBy: chris9059
“Before the election Republicans could reassure themselves that any economic damage caused by obstruction would be negated by the benefits of unseating President Obama. But after the election, this...
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