Tag Archives: federal reserve

Bernanke’s Speech

Dear Friends, It seems to me, the economic theater we have been watching this last week, is more about what is known but not said than what is said but not known. Bernanke’s speech after the Open Market committee meeting … Continue reading

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Macro Economy as a Capacitor

Dear Friends, It seems to me that the macro economy, in many ways, acts like distributed capacitance. Slowly ratcheting supply out of phase with demand. In the economy, once distributed capacitance in supply chains cause supply and demand to get … Continue reading

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