Warren Buffett wrote an opinion piece in yesterday’s NY Times. Overall, I think the article was pretty good. You can read the full piece here.
The upshot of Buffett’s article is that monetary expansion was necessary in order to cure a sick economy, but the problem now is that we are entering unchartered territory as [...]
Upon reading the excellent exposition
given by my colleague on this subject, I felt the time was ripe to
further shine some more light with my own understanding, on the
issues regarding the Federal Reserve’s so-called independence. The
assertion that it has any is largely a red herring, and as many
readers on this blog familiarising themselves with [...]
Seems like all Tyler Durden from ZeroHedge.com does anymore is bitch
about Goldman Sachs and their high frequency trading. Some readers from
MarginalRevolution.com asked Cowen what the deal was with high
frequency trading and I found his comments to be pretty illuminating
and helpful in calming down some of the mass hysteria that ZeroHedge is
caught up in. Here was [...]
