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Paul Volcker: Quantitative Easing May Create Inflation in Future

by | Nov 2, 2010 | Towing

Former Fed Chairman Paul Volcker warns that more quantitative easing by the Federal Reserve will stoke inflation. “When money is too easy for too long, we will have more” asset bubbles, the 83-year-old Volcker said.
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Why the Fed’s ‘Trickle-Down Economics’ Is Failing

by | Oct 25, 2010 | Towing

Bernanke’s zero-interest-rate policy is backfiring. Only the wealthy benefit from rising financial assets, as average Americans take on more debt. Worse, risky speculation is again being rewarded.
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