Which brings me to the point: In order to lose momentum, the U.S. economy has to have momentum to begin with. If it had any, I missed it. What we had was a government-prescribed course of amphetamines (to keep it… — Caroline Baum Copy Share Image
It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars. — Caroline Baum Copy Share Image
Members of Congress should be compelled to wear uniforms like NASCAR drivers, so we could identify their corporate sponsors. — Caroline Baum Copy Share Image
Which brings me to the point: In order to lose momentum, the U.S. economy has to have momentum to begin with. If it had… — Caroline Baum Copy Share Image
It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough… — Caroline Baum Copy Share Image
