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monetary-policy

Deflation? Are we far from it?

Edward Harrison / 26-07-2010
Wow! We see the word “Deflation” everywhere; we see it in every financial publication and hear it every time we turn on financial TV. We see that the pundits who were bearish because of runaway inflation have just recently included deflation as well as inflation to be the problem. We were talking and warning about [...]

When we will have a fiscal crisis

Dr Bruce Bartlett / 25-05-2010
It will happen, I believe, when the credit rating agencies begin to seriously threaten a downgrade of Treasury debt. They have told us when that will happen: when interest on the debt reaches 20% of revenues (not spending). Under current CBO projections, we will hit that level in 2019/2020. But long before then, the credit [...]

My Bet on Bernanke

Michael Panzner / 27-01-2010
Since everyone else is throwing in their two cents about 1) whether Ben Bernanke should be reappointed to a second term as Federal Reserve chairman; 2) what moves the FOMC will (or should) make next; and, 3) the policymaking and regulatory role the Fed will (or should) play in future, I figured I might as well [...]


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