Why the Fed No Taper Decision is Actually a Tightening

Even with No Fed Taper, Look for Slower Growth in Nominal Transactions by Paul Kasriel, The Econtrarian The Fed decided on September 18 to maintain its rate of securities purchases at $85 billion per month rather than reducing or “tapering” the amount of its monthly securities purchases as was, for reasons not entirely clear to …

Screwing the American Economy by Screwing Its Young

Written by Steven Hansen The inordinate growth of student loans – and its effect on the economy – is killing consumption (autos) and the housing sector.  This is no short term dynamic, but will effect the economy for decades. [click on image to enlarge]