Thursday, August 28, 2008
However they spin today's data, it's no Great Depression
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Don't look now, but the Bureau of Economic Analysis at the U.S. Department of Commerce has revised their advance estimate upward and no...
Monday, August 25, 2008
The Fed drops the mask
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Back in early March, we noted a troubling quotation indicating that the Chairman of the Federal Reserve, and possibly many other members of...
Friday, August 22, 2008
The long shadow of the Y2K bug
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Remember the concerns during the years before the end of the twentieth century about the "Y2K bug" that threatened to cause airpla...
Tuesday, August 19, 2008
"Win and keep your uniforms clean . . ."
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Today, the producer price index (PPI) came in up 1.2% for the month of July, twice the increase expected by economists in general. At the sa...
Friday, August 15, 2008
The Fed is NOT in a "tight spot"
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Here is a graph of the Consumer Price Index, from economic and business database specialists Haver Analytics . The graph shows better than w...
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