Jan 10 2009
Fiscal Stimulus: Does Government Investment help the Economy. Examining the Impact of Monetary and Fiscal Stimulus.
The economic difficulties facing our country have for the first time, made the Federal Reserve and U.S. Treasury seem powerless in regards to starting the economic engine once again. For nearly 100 years, the school of thought was that monetary policy was the driving force for everything. If inflation was picking up, all you needed […]
Jan 19 2008
What is a Recession? California Inflation, GDP, M1 and M3, and the Art of the Federal Reserve.
It shouldn’t come as a shock to you that California has a higher rate of inflation than the rest of the country. If we are to look at historical measures, what should the price of a California home be in 2007 accounting for inflation pressures? Using the CPI for California, which includes all urban consumers […]