Bernanke’s Eternal ZIRP of Bliss: Fed Says It Will Keep Key Interest Rate Near Zero Until Jobs Come Back. [1] [JWR’s Comment: That may be the goal, but if Uncle Sugar keeps on prodigiously buying its own bonds, then the global market may have other ideas about the direction of American interest rates.]
And QE-4-Ever: The Federal Reserve on Wednesday announced that it will launch a fourth round of quantitative easing (“QE4”) [2]
Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months [3]
Items from The Economatrix:
Startling Look At US Job Demographics By Age [4]
The Fed Is Killing The US Economy [5]