Sunday, July 14, 2013

MoneyScience News

MoneyScience News


Blog Post: TheAlephBlog: Temporary Prosperity at the Cost of Longer-term Prosperity

Posted: 13 Jul 2013 04:39 PM PDT

Apologies for last night’s post on Bernanke.  I have deleted it.  It was not one of my finer efforts (it was late), and I went down some rabbit-trails that overshadowed my main, and valid point.  Bernanke has no business criticizing Congress for running a less accommodative policy, when he is signaling a less accommodative policy.  Congress does not have a communications strategy that...

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