Category Archives: Government Policy

A Simple Guide to Understanding Budget Deficits and Interest Rates

Note: When I wrote this explanation of budget deficits and interest rates just a year ago as a chapter of my book, Lessons from a Road Warrior, we were in a different world where budgets mattered, at least a little. … Continue reading

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Time to Think About the Next Story-Inflation, Rising Rates, Commodity Prices, Weak Dollar

The credit crisis is all you hear about from officials in Washington and from talking heads on TV. Indeed, the credit shortage is still alive and well. Employment is still falling and small business owners–the only real source of new … Continue reading

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