Odds ‘n Sods:
In a recent newsletter article, economist Dr. Gary North commented: “We are at the cusp of Bernanke’s experiment: to reverse Greenspan’s era of monetary expansion without toppling the bubbles that this expansion led to. Can he do it? If he can, and if he does, then he is a wizard much more gifted than Greenspan. Anyone can inflate the money supply. The trick is to stabilize it without tanking the economy after the policy of inflation is a decade old. Paul Volcker could not do it, 1979-81. Greenspan never tried. For those of you who don’t remember January, 1980, gold …