Posts Tagged ‘ stagflation ’

“I.O.U.S.A.” Excerpts

Oct 6th, 2008 | By Whiskey Contributor | Category: Currencies, Economics, Politics
In 1913, President Woodrow Wilson was successful in publishing the Federal Reserve Act through Congress. The act allowed the government to establish the third central bank in the nation’s history. Think of the Fed as the bank of banks, and the government’s bank — the gatekeeper of the U.S. economy. The ...read more


The Danger of Stagflation

May 15th, 2008 | By Lord William Rees-Mogg | Category: Macro Economics
The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal Reserve itself have become more skillful at manipulating the economy of the United States. The process of running before every gust of wind reached its ...read more


Flationed Out

May 1st, 2007 | By Michael Shedlock | Category: Macro Economics
I HAVE BEEN pondering the word "stagflation." Nearly everyone but me seems to think we are in it or headed for it. What exactly does stagflation mean anyway? Let's take a look at two definitions and a comment: 1. "Sluggish economic growth coupled with a high rate of inflation and unemployment" (American ...read more