The Fed’s Conceit
Feb 22nd, 2006 | By Chris Mayer | Category: Macro Economics
(in imitation of J.P. Donleavy's The Ginger Man*)
"'Some place. What holds it up?'
"'Faith.'"
-- from The Ginger Man
TODAY, A RARE SUN in winter. Sun burns bright in the East. In the halls of Congress, men in dark suits gather in an impressive room with wooden panels and high ceilings and dead ...read more
