Tom Duncan

“Current course leads to inflation”

“The Federal Reserve, and the Congress, are both playing a high-stakes game of risk. Essentially, the one is betting that it can spend its way out of our recession and […]

“New Voters May Sway Fed Actions” – NYT

“Most economists think the Fed is unlikely to drastically alter its policy direction, though some of the new members could nudge policy toward more restraint and less activism. Two of […]

“Is the Fed Printing Money?” – WSJ

“The Fed has been buying bonds since early 2009. When a private investor buys bonds, the investor uses cash or sells some existing asset to raise cash and uses that […]