The Fed met last week to discuss inflation. Wow, to be a fly on the wall of that meeting?
We’re all talking about Ben Bernanke, the Fed chairman, whose job was hanging on a thread last week. The tumultuous week on Wall Street was the result of his uncertain fate. Wall Street is made up of a lot of nervous people. Imagine your grandma on a roller coaster after eating six fish tacos.
See, the Fed meets regularly to discuss whether or not to change interest rates on the money they loan to banks. Created during a financial panic back in 1913, The Fed is the central bank of the United States. And instead of toasters, they give away billions of dollars, or not, depending on whether they want the participating banks to lend money, or not, depending on whether or not they believe inflation is at hand. Or not. Are you with me so far?
Sounds complicated, and to make it worse, they meet in secret. Kinda like I did with that skanky girlfriend my parents hated. (We’ve been married 20 years.)
Back to inflation. See, the Fed feels that when everyone has money, they’ll buy up all the stuff everyone needs, and that’ll make the price go up. On the other hand, if there’s not enough money, the price goes down, and businesses lay off workers. They have become the invisible hand that may or may not have washed leaving the bathroom.
Now, another way to go is to let the market decide how much money should be out there. That’s a free market. It will, in the long run, balance out. But as John Maynard Keynes, a famous economist once said, “in the long run, we’ll all be dead.” And he’s right. Not about the free market necessarily. About being dead. He died in 1946.
There are a lot of conspiracy theorists who believe the Fed is some sort of quasi-underground group of white guys trying to control the world. But they are wrong.
That would be Congress.
Thank you for another great entry. Where else would anybody get this kind of information in such a great way of presentation.
I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome.
Very informative post. Thanks for taking the time to share your view with us.
It is necessary so that you can specialize in and that is when all is said and done with this.
yes i like it very much
I’ll post a link to this page on my blog. I’m certain my readers will find this info really great.
A caddy found a golf ball at the end of the fairway that he claimed belonged to Tiger Woods because it had a picture of his mistress on it. When questioned about it, Tiger looked at the ball with the picture and replied, “Yeah, I hit that.”
Very Interesting Post! Thank You For Thi Blog!
Great Blog. I add this Blog to my bookmarks.
Great Post. I add this Post to my bookmarks.
Nice weblog post. I arrived on the internet to discover where to watch nfl football games online and somehow arrived across your weblog. You ought to create a article on how you can watch football online since it’s a well-known subject right now. I used Google and only came up with this website http://www.usedshoe.com/wordpress2/2007/10/03/watch-every-nfl-game-online-for-free/ but need some more choices.
i agree, why jesus lets this go on is concerning
This is a conjecture touching on freely giving that.
Not on my life… You need to defend your position on.
You’re here again because I, in part, banish this essence.
You know the ones I’m talking about pertaining to.
Consider this: Beauty is only skin-deep.
I’d say is primarily respecting.
I’m fresh out of ideas.
Aw, this was a really nice post.
There are some other examples.
I just wanted to say that I found your site via Goolge and I am glad I did. Keep up the good work and I will make sure to bookmark you for when I have more free time away from the books. Thanks again!
wow i love these, good job! cool amazing i love these, good job!
Where can people chalk up premium books?
wow this seems really cool! do you mind if i share this?
Intriguing piece of writing, where did you acquire the tips about your post?
These are events I haven’t actually sensed prior to this.
If you wish to watch live NFL football online you should check out http://www.howtowatchfootball.com . That’s the website I use every Sunday to assist me watch live NFL football games. It has not let me down yet.
Thank you very much for the info provided! I was looking for this information for a long time, but I wasn’t able to find a dependable source.
Thanks for the info provided! I was researching for this article for quite some time, but I wasn’t able to find a reliable source.
Hi, i’ve been browsing around your blog and it seem really really neat. I’m making a family blog and struggling to make it look great. How hard was it to create your blog? Could someone like me, an amateur do that? I really wanna to make something like this. Just wanna tell u your home page seem broken when I browse using Mozilla.
I definitely have the same opinion with you regarding this subject. Nice entry. Already bookmarked for future reference.
This is informative entry. Thank you very much for the quality post you shared! I was finding for this information for quite some time, but I wasn’t able to find a trusted site.
Really great info. I am very happy to read this entry. Thanks for giving us useful posts.
I truly agree with you regarding this issue. Nice article. Already bookmarked for future purposes.
generic cialis shipped overnight ,generic cialis prices
online cialis soft,online pharmacy viagra cialis
order cialis online a href ,order cialis pills
buy cialis online no prescription,buy cialis online online a href
buy cialis delived fed ex ,buy cialis fast shipping
cialis 20 info,cialis 2005
cialis canadian pharmacy overnight shipping ,cialis canada health canada
cialis discount pharmacy fast shipping,cialis discount
generic cialis pills free sample ,generic cialis pills levitra
This is nice article. Thank you very much for the great information you shared! I was looking for this entry for a long time, but I was not able to see a trusted website.
Thanks for providing great information regarding the subject. I’m an admirer of your site. Keep up the good work.
generic cialis pills stories ,generic cialis pills free trial
generic cialis tadalafil price comparison ,generic cialis tadalafil php
online prescriptions no required cialis,online meds cialis
order cialis online a href ,order cialis on line
buy cialis online australia,buy cialis online
buy cialis in south africa online ,buy cialis now
cialis 2005,cialis 20mg reviews
cialis canada rx ,cialis canada prescription
cialis discount vioxx,cialis discussion forums
generic cialis pills tadalafil ,generic cialis pills alternative
generic cialis soft ,generic generic cialis pills cod
online medicine rx cialis viagra order,online cialis prescriptions
order cialis in united states ,order cialis and viagra
buy cialis online online a href,buy cialis online online a href
buy cialis now ,buy cialis dream online pharmaceutical
cialis 26 norvasc,cialis 2005 by january posted
cialis canada prescription ,cialis canadian pharmacy overnight shipping
cialis discount generic tadalafil,cialis discount pharmacy fast shipping
I will place a link to this blog on my website. I’m sure my visitors will see dis post really informative
There is a vast amount of information on the blog you’ve started. Thanks.
Thanks for writing this blog and sharing it with the world. I would like to know how to go for reading your rss blog. Please let me know if possible.
You are making several fine arguments during this posting however its tough for me personally to concentrate on this article considering the broken theme!
This publish was incredibly nicely written, and it also contains quite a few helpful details. I appreciated your expert manner of writing this submit. You’ve got created it effortless for me to fully grasp.
generic stats viagra,generic supply uk viagra
generic viagra doxycycline ,generic viagra and generic soma
generic viagra silagra cumwithuscom,generic viagra pages edinburgh
generic viagra x mg ,generic viagra with international shipping
levitra and viagra compare,levitra viagra online
natural herbal substitute for viagra ,natual alternative to viagra
online viagra india,online pharmacy cheap viagra
online viagra levitra cialis ,online viagra prescription
online uk viagra sales,online viagra prescriptions
order viagra online no rx prescription, ordering viagra
generic in usa viagra,generaic viagra
generic viagra new zealand ,generic viagra and generic drug
generic viagra pages edinburgh find,generic viagra review
generic viagra verses brand viagra ,girl on viagra commercial
levitra dosing compared to viagra,levitra cialis viagra comparison
natural viagra nitric oxide ,natural viagra adam
online and viagra soft,online name brand viagra
online viagra pharmacie miami florida ,online viagra with insurance
online viagra no generic,online viagra in 24h
order viagra canada, order viagra no perscription
generic sample viagra,generic prescription viagra without
generic viagra lowest prices ,generic viagra indian
generic viagra soft,generic viagra tab
generic vs viagra ,get viagra online in canada
levitra viagra v cialis,levitra vs cialis viagra
natural alternatives and viagra and reviews ,natural alternative viagra
online games buy vitamins viagra sale,online generic viagra overnight
oral jelly viagra ,online viagra testosterone
online viagra no generic,online viagra pills
order viagra prescription, order viagra next day shipping
FYI, your webpage doesn’t seem suitable in Opera.
There is a huge marketplace out there.