Our February 19, 2010 blog highlighted an article in the Wall Street Journal that discussed the possibility of a Japanese-style period of deflation in the United States. The article pointed out more...

Testifying before Congress today, Fed Chairman Mr. Bernanke confirmed that unemployment is the “biggest problem” facing our economy according to the Wall Street Journal (Bernanke Stresses Need for Low Rates). more...

The Federal Reserve raised the discount rate by a quarter percent. The US consumer represents 70% of our economy. As long as there is... more...