My Mind on Mortgages

I was emailed this article by a friend.  In it the author, who alleges to be a former investment banker, “spins” the Federal Reserve’s current involvement in the US economy to lead readers into believing that we’re currently witnessing one of the largest financial conspiracy theory’s in modern history. I had planned to respond to [...]

If you like to “geek out” on economics like I do then you may also find this article interesting in today’s Washington Post.  In the article Chris Rugaber explains what impact short-terms rates has on the economy and why different central banks around the globe hold their short-term lending rates at different levels even though [...]

WSJ.com featured a great article summarizing the problems we find ourselves in.  You may access the article by clicking this link. Among the points that I found interesting- * “This has been the worst financial crisis since the Great Depression. There is no question about it,” said Mark Gertler, a New York University economist who [...]

In his speech to the worlds most powerful central bankers today Fed Chairman Ben Bernanke spoke briefly about inflation according to this NY Times article.  From the article, “Mr. Bernanke, while acknowledging ‘an increase in inflationary pressure,’ reasserted his view that in the near future, the upswing in inflation from the oil and food shocks [...]