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Category Archives: The Fed
From Wednesday: “One of the most important insights from this particular story is the fact that most Americans have almost no understanding of what the Federal Reserve Bank does, much less what the chairperson of that bank might do.” With … Continue reading
We just finished watching Season 1: Episode 6 of the original Mission: Impossible, “Odds on Evil” with the boys. Rollin Hand (Martin Landau) is playing baccarat with the casino owner and MI team’s target, Prince Kostas. After beating him to … Continue reading
Matt R. sends this article on Real Clear Markets by Robert Samuelson titled “Trust In Macroeconomics Has Been Shattered“. At reading the title my first thought was “Awesome!!!!” But alas, I believe Samuelson is being a bit too dramatic. Samuelson … Continue reading
On my way home from the airport today, I caught Here & Now on NPR. There were three stories in a row that deserve commenting, but I’ll keep it short. First up was an interview with Sallie Krawcheck, formerly one … Continue reading
Remember the dotcom bubble? I just saw this commercial and couldn’t believe it was a real thing, or at least not a commercial for razor blades.
Stock markets fall after US Fed comments Do not worry, average American. The FED does not have too much power.
It’s once again time for open enrollment in my company’s “healthcare” plans. Of course, the premiums have gone up again this year. We contemplated not enrolling and just buying a catastrophic policy. Interestingly, it is quite difficult to find these. … Continue reading
I ran across this headline today in the Wall Street Journal. Stanford Sentenced to 110 Years in Prison for Ponzi Scheme Supposedly this guy R. Allen Stanford defrauded people of $7 billion and got 110 years in prison. If that … Continue reading