Blogs
Daily Capitalist | Is This Deflation?
With all the fiat money pumped into the U.S. economy (plus “liquidity” made available to the European Central Bank) by the Fed, one would think that we would be having high price inflation. Instead we are seeing declining prices.
WSJ | Structural Unemployment Would Affect Both Sides of Fed Mandate
Over the past few months, Federal Reserve Chairman Ben Bernanke and other Fed officials have wondered how many of the millions who lost their jobs during the Great Recession are morphing into structural unemployed.
