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4 Graphs Bernanke Doesn’t Want You to See
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Issue Analysis

4 Graphs Bernanke Doesn’t Want You to See

We wrote up a “QE3 Fact Sheet” after Ben Bernanke’s announcement on monetary policy Thursday. Left-wing apologists for the central bank came out in full swing, advocating for the money injection as a beacon of hope.

09/20/2012
Bernanke Announces QE3: Here’s Your Fact Sheet!
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Issue Analysis

Bernanke Announces QE3: Here’s Your Fact Sheet!

Chairman Ben Bernanke made two announcements Thursday about monetary policy: (1) the Federal Reserve will begin its third round of quantitative easing, and (2) it will maintain extremely low interest rates of 0 to 1/4 percent until at least mid-2015. These banking actions may sound like gobbledygook, but their effects on our country’s currency are drastically serious. Let’s translate a few things into layman’s terms. “QE3” — what’s this mean?

09/14/2012
Deflation: The Good and the Bad
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Blog

Deflation: The Good and the Bad

West Virginia economist George Selgin has an article posted on The American Conservative website on deflation.  He analyzes the effects and types of deflation in a way that’s both easy to read and understand.  Some of the recent worries over deflation have been based on the “sticky” wage argument.  Selgin responds,

02/12/2009