Does Bernanke know that he's totally screwed, that he has the power to create asset and commodity inflation but not to match it with wage inflation?
Or is he as naive and arrogant as Greenspan, seeing himself as an infallible god who can turn back the laws of mathematics with a wave of his sheepskin?
5.13.2010
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Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
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UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
Inflation is always and everywhere a progressive phenomenon
Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...
1 comment:
Pithy, to the point, and absolutely right.
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