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Thursday, March 22, 2012

Monetary

Blogs                                                                                                                             
Daily Capitalist | More Deflation Pressures Seen
On June 28 last year, I wrote a post titled Important Battle at Four Dollar Copper.  Shortly thereafter, copper surged half a buck but then dropped by one-third to $3.
Free Banking | Anti-Bernanke
The depression was a crucial learning experience. Since then, the Fed, we are assured, has gotten its act together. Well, O.K.: there are still be a few bugs to be worked out. But never mind: some future Fed Chairman will manage to spin them away.