“I didn’t get a chance to listen to your “To The Point” broadcast live. Anyway you can grab the audio porion of that for replay?”
As you wish . . .
Our portion of our show starts at about 7:20 into the broadcast.
Also appearing: Thomas Donlan of Barron’s, and Berkeley Professor Jakob Hacker (author of The Great Risk Shift), and MIT Economics History professor Peter Temin
This is what focusing on Core inflation gets you! Zimbabwe’s $100bn note: “Some Zimbabweans are already calling for higher denominations in a country where the official annual inflation rate has exceeded 2,200,000%. Independent economists believe the real rate is many times higher. Zimbabwe’s meltdown has left at least 80% of the population in poverty, facing…Read More
"The political establishment is embracing a time-honored response to the nation’s economic turmoil. It’s going on a witch hunt.Politicians of all stripes worry that improper trading by short sellers has contributed to turmoil in the stock markets. And "excessive" oil traders have replaced oil-company executives — themselves twice keelhauled by congressional committees this year — as the bogeymen behind the run-up in gas prices. For Washington veterans, the sharpened attacks are the incarnation of a standard political trope, one found especially in election years"
Economic Woes Get a Fix: Witch Hunt
WSJ, July 19, 2008; Page A3
Bailout of Mortgage Firms Could Set Risky Precedent (Transcript)
July 18, 2008