Posted on 11 August 2010. Tags: Deflation, Depression, Federal Reserve Board
Well, it’s nice to know that even the Federal Reserve can hear: The Federal Reserve will meet on Tuesday faced with a pivotal decision about whether to abandon its presumption that the economy is gradually picking up steam and begin to consider new steps to keep the recovery from sputtering out. That easily […]
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Posted in General Interest
Posted on 17 January 2009. Tags: Deflation, Prices, Stimulus
One of the reasons to get the stimulus package through Congress very fast–without tax cuts, I might add–is this, from The Wall Street Journal: U.S. consumer prices barely rose last year by their slowest pace in over a half century, a government report showed, a stunning turn just a few months after inflation hit […]
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Posted in General Interest