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Friday, October 26, 2012

Monetary

News                                                                                                                             
CNBC | Fed's Lacker: Latest Stimulus Will Boost Inflation
The Federal Reserve's latest stimulus will not boost economic growth without creating unwanted inflation, said Jeffrey Lacker, president of the Richmond Fed and lone dissenter on the central bank's policy committee.

Econ Comments & Analysis                                                                                            
Forbes | Inequality Is The Child Of Fiat Money
For a while there, it looked like the 2012 election was going to be a referendum on economic inequality. This would have been weird, in that economic growth and its twin, employment, are the clear issues of choice in these years of torpid economic recovery.