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Friday, August 16, 2013

Budget

Econ Comments & Analysis                                                                                            
Forbes | The Counterfeiting And Theft Underlying Keynesian Stimulus Fantasies
Keynesians continue to argue that we can strengthen the economy simply by spending more money. Because people and businesses are not spending enough for their liking, they want to see governments spend more, either by running a bigger deficit or by printing money.

Blogs                                                                                                                             
WSJ | Foreigners Stampede Out of U.S. Securities Ahead of Fed Tapering
Private foreign investors sold U.S. bonds, equities and other long-term securities at record levels in June, spooked by news that the Federal Reserve would likely start cutting back its cash injections into the American economy later this year.