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“Bernanke’s Raid on the Middle Class” – James Bacon
“Twenty-four conservative economists and writers have published an open letter calling upon the Federal Reserve to abandon a second round of “quantitative easement” that entails borrowing another $600 billion in U.S. Treasury bonds. “The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting […]
READ MORE“Brazil’s Inflation Tops Estimates…”
“Inflation, as measured by the IPCA-15 price index, quickened to 0.86 percent in the month through mid-November from the same period a month earlier, the fastest pace in 9 months, the national statistic agency said today. Economists forecast a 0.72 percent gain, according to the median estimate in a Bloomberg survey of 33 analysts. Bond […]
READ MORE“Fed Adopts Political Tactics on Critics”
“Faced with unusually sharp ideological attacks after its latest bid to stimulate the economy, the Federal Reserve now faces a challenge far removed from the conduct of monetary policy: how to defend itself in a hyperpartisan environment without becoming overtly political. Caught off guard by accusations from Congressional Republicans, Sarah Palin, Tea Party activists and […]
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