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How To Reverse A Deflation: Helicopter Ben Needs To Drop some Money On Main Street

How To Reverse A Deflation: Helicopter Ben Needs To Drop some Money On Main Street

The Fed is proposing another round of "quantitative easing," although the first round failed to reverse deflation. It failed because the money went into the coffers of banks, which failed to lend it on. To reverse deflation, the money needs to be funneled directly to state and local economies.

In ...

Read more: How To Reverse A Deflation: Helicopter Ben Needs To Drop some Money On Main Street

Reads: 813

Successful Economic Policies? For Whom?

Successful Economic Policies? For Whom?

Last week, in the wake of another uptick in the official unemployment rate, the administration continued to claim that their economic policies were working, just not fast enough. This administration inherited an unemployment rate of 7.7% and promised a peak of no higher than 8% if their policies ...

Read more: Successful Economic Policies? For Whom?

Reads: 666

The Summer of Unemployment

The Summer of Unemployment

In our book "2010: Take Back America — A Battle Plan," we write:

"The prospect we now face is not the intermittent up-and-down fluctuations of unemployment we have had since the Great Depression. Thanks to Barack Obama's policies, we're confronting the possibility of an unemployment rate that ...

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Reads: 632

The Incompetence of the Federal Reserve

EuropeNews

This is commentary on an article in The Economist, online edition, Clearing the Air. It is not radically different than other articles concerning the Federal Reserve, monetary policy and speculations about what will happen next. It deserves some analysis, for otherwise this reporting is ...

Read more: The Incompetence of the Federal Reserve

Reads: 906

Steve Forbes: Overseas Wars, the Gold Standard, and Citizen Agitation

Steve Forbes: Overseas Wars, the Gold Standard, and Citizen Agitation

Steve Forbes on Overseas Wars, the Coming Gold Standard and the Rise of 'Citizen Agitation'

The Daily Bell is pleased to present an exclusive interview with Steve Forbes (left).

Introduction:Steve Forbes is Chairman and Chief Executive Officer of Forbes Media. He is also Editor-in-Chief of Forbes ...

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Reads: 1422

Obama’s War on Jobs

Obama’s War on Jobs

The "Summer of Recovery" is looking more and more like the Beltway Chainsaw Massacre for America's workers. As President Obama lolls on Martha's Vineyard with his well-heeled Chicago pals, a new Reuters/Ipsos poll shows that 72 percent of people are very worried about joblessness and 67 percent are ...

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Reads: 756

Financial Expert Warns of Economic Collapse

Financial Expert Warns of Economic Collapse

In shocking news, the New York Times cites figures that investors withdrew $33.12 billion from domestic stock market mutual funds in the first seven months of this year when billions of dollars should have been expected to be flowing in.  

The New York Times blames this unusual development on ...

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Reads: 693

Time Figures Out Economics - Not!

Time Figures Out Economics - Not!

Is economics ideological by nature? ... It's easy to rag on economics as not being a "real" science, and I try not to do things that are too easy. But in recent weeks I've really started to wonder. It is fascinating, and frightening, to me that smart economists can disagree about whether what the ...

Read more: Time Figures Out Economics - Not!

Reads: 859

US Unemployment Out of Control?

The Horror Show ... The employment situation in the United States is much worse than even the dismal numbers from last week's jobless report would indicate. The nation is facing a full-blown employment crisis and policy makers are not responding with anything like the sense of urgency that is ...

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Reads: 666

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