Econ Comments & Analysis
WSJ | How Bernanke Can Get Banks Lending Again
The U.S. economy could use another boost, and it won't come from fiscal policy. Can the Federal Reserve provide it?
Washington Post | Central banks face a giant bill coming due
Because of the breakdown of political decision-making in the United States and Europe during the Great Recession, the burden of response has fallen largely on two big central banks: the Federal Reserve and the European Central Bank (ECB). And down the road, they are going to pay for it.
Strategas | The Dangers of a Liquidity Trap
In a world in which the Dollar remains the reserve currency, the Fed, practically and legally, has unlimited ammunition to fight the potential effects of deflation. In this regard, Chairman Bernanke may be the most unambiguous Fed Chairman in history
Blogs
Think Markets | Uncertainty and the Keynesians
These correspond to two ways of understanding the sluggishness of the US economy, explanations based on different time horizons and levels of analysis. For Keynesians, the key is demand, which needs to be boosted by government action. For the other side, the key to slow growth and job creation is heightened uncertainty.
Daily Capitalist | Please Don’t “Get To Work, Mr. Chairman”
This week’s data builds a further case for a declining economy and likelihood of the Fed doing another round of QE
