Category: Interest Rates

The Most Expensive Political Scandal of the Century?

Forget “Bridgegate” or the IRS Tea Party scandal. There may be a bigger, far more costly, far more damaging scandal that may be ready to burst on the scene in just a matter of months. This week, allegations came to

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Yes, Chronically Low Interest Rates Can Harm Recovery

             Fed Chairman Ben Bernanke’s testimony Tuesday before the Senate Finance Committee, where he reiterated his view that the Fed needed to continue record-low interest rates, reminded me why doctors are required to swear the

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