engaged observers who otherwise were content with that central bank apathy awake to the possibility that flexibility for the Federal Reserve comes at the price of individual flexibility. More power for Chairman Bernanke necessarily means less power for you and me.
Monday, May 7th, 2012
Munch's "The Scream" may be all the rage today, but to Jim Grant, in his latest interview on Bloomberg TV, the record price paid for the painting is not so much a manifestation of modern art as one of modern currency: "This is the flight into things from paper" .
Monday, April 9th, 2012
When life gives you lemons, plant an orange tree. We need an alternative to the Fed's lemons.
Thursday, March 1st, 2012