by Moe Bedard
By Moe Bedard
The phrase “Fed Speak” originated when Alan Greenspan sat as chairman of the Federal Reserve. The phrase refers to his ambiguous method of speaking to the public, rarely saying anything of concrete substance in an effort to decrease the impact of his statements on the financial markets. Translating Greenspan’s statements used to be [...]
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by Moe Bedard
By Moe Bedard
Of course we all know trillions of taxpayer dollars have been spent and will be spent on bailing out banks and major corporations. Reports on major news networks and newswires carry a number of traditional stories about the various government aid plans: (1) it’s not enough aid; (2) it’s too much aid; (3) [...]
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