Forget reading Fed minutes, this makes it all clear. (via Business Insider)
Warning: serious wonkery ahead. Not for the faint of chart. Amid discussions of how dire are the fiscal situations of American states and which state most resembles Greece, plus various initiatives on the ballot in the recent election, I was curious how our fair state of Washington stacks up in terms of fiscal responsibility and…
Platformonomics does not usually do monetary economics (except maybe the virtual kind), but I just happened to be thinking about the Federal Reserve yesterday (admit it, so were you…) shortly before the news broke of Bernanke’s renomination. I was hoping for a more radical announcement: Software Bot To Be Nominated Chairman of Federal Reserve SystemCutting…