Check out YAL activities on campus and updates from around the liberty movement.
Per the FOMC announcement: To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve’s holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities. The Committee will continue to roll over the Federal …
As last week’s Fed News Friday article read, deflation has been the trending topic through the week. The funny part about that is economists and Fed members alone can’t decide whether it is the actual threat or not. The other possibility is the complete opposite: inflation. The broad range of this argument leaves me wondering, …
Yes, bear with me on this one. First I want to give Bunning some credit. If you don’t know what’s going on, he is halting the Senate essentially (although they could vote today regardless of his objection) on a 30 day extension for jobless benefits funds. He’s getting a lot of heat because he just …
For most experts, deflation is bad news since it generates expectations for a further decline in prices. As a result, they believe, consumers postpone their buying of goods at present since they expect to buy these goods at a lower prices in the future. This weakens the overall flow of spending and in turn weakens …
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