Death by 1000 cuts: The economics of innocent subversion
April 11, 2011 at 08:33 AM EDT
Even NY Fed Chief Bill Dudley, well aware of his role as a manager of expectations, is worried: Dudley Headlines: DUDLEY SAYS IMPORTANT NOT TO OVERREACT TO RISING INFLATION DUDLEY ATTRIBUTES LOSS OF MOMENTUM TO RISING OIL PRICES DUDLEY SAYS U.S. ECONOMY LOST SOME MOMENTUM IN PAST TWO MONTHS Last I heard Congress agreed cut $38 billion in spending from [...]
