In 1989, as we were hearing about the benefits of the "United States of Europe", we can clearly recall our skepticism over the noble idea of creating a common currency throughout Europe without a clear political union to go along with it. Was it reasonable in an area so geographically tied together to have a common currency to allow business...
Monday, June 13, 2016
Higher Interest Rates....Please!
We have written about this issue for so long now it is hard for us to imagine it is still necessary to do so; however, we feel compelled to reiterate how important we think it is for the US Federal Reserve to continue the nascent increase in interest rates it began late in 2015. Obviously, the era of "Zero Interest Rates" (ZIRP) has ended,...
