Bernanke

Fed/Bernanke probably concerned about core CPI going so high and making ‘popular’ headlines and is worried about cutting 50 into the triple negative supply shock

Read More »

Trade numbers

U.S. Trade Deficit Hits 14-Month High on Oil Imports by Reed Saxon The U.S. trade deficit in November surged to the highest level in 14

Read More »

Re: Bernanke

(email) On 11 Jan 2008 11:17:34 +0000, Prof. P. Arestis wrote: >   Dear Warren, > >   Many thanks. Some good comments below. > >   The

Read More »

January 2008 update

The following sums up the mainstream approach: Low inflation is a NECESSARY condition for optimal long term growth and employment. There is not trade off.

Read More »

Friday mid day

Food, crude, metals up, dollar down, inflation up all over the world, well beyond CB ‘comfort levels.’ Nov new home sales continue weak, though there

Read More »