Posts Tagged ‘ Ben Bernanke ’

The Fiscal Cliff Gives Republicans a Chance to Save Face

When the US Congress passed the Budget Control Act of 2011, it offered an unwanted final solution to the perennial problem of deficit spending: if Congress could not agree on a plan to reduce the budget, then automatic spending cuts and tax increases would do it for them. The deal was designed to compel an agreement between the parties by...
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Bernanke Says That Any Criticism Of The Federal Reserve Is Based On “Misconceptions”

Bernanke Says That Any Criticism Of The Federal Reserve Is Based On “Misconceptions”

Federal Reserve Chairman Ben Bernanke is taking his show on the road in at attempt to help Americans feel better about the Federal Reserve.  During a visit to the Fort Bliss headquarters of the Army’s 1st Armored Division this week, Bernanke held a town hall meeting during which he took questions from some of...
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Kondriatiev, Obama and The Last Nail (pt 2 of 3)

Kondriatiev, Obama and The Last Nail (pt 2 of 3)

(Continued from Part 1) The Meaning of Money By 2006 I had recently arrived in Silicon Valley and was doing okay for myself in a online marketing job. Making a good salary, it was still impossible for me to buy the most humble of converted rental one-bedroom apartments in the area. It reminded me of my...
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Why Are Food Prices Rising So Fast?

Why Are Food Prices Rising So Fast?

If you do much grocery shopping, you have probably noticed that the cost of food has been rising at a very brisk pace over the past year.  So why are food prices rising so fast?  According to Federal Reserve Chairman Ben Bernanke, inflation is still very low and the economy is improving.  So what...
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Is The Economy Improving?

Is The Economy Improving?

Is the U.S. economy improving?  That is what Federal Reserve Chairman Ben Bernanke would have us believe.  Bernanke declared today that the "recovery appears to be proceeding at a moderate pace" and that everything is going pretty much as planned.  Sadly, the mainstream media and most of the American people still seem to have...
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