Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Following The Yellow Brick Road

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New Fed Chairgnome Yellen will be addressing Congress this morning, addressing the very serious problem of deflation at the Fed and detailing her plans for tackling it. As you can see from the image below this is a serious issue, which if not addressed may mean that financial policy may be determined by a leprechaun in the easily foreseeable future, and possibly even a gerbil a decade or two further down this path. A committee is looking into whether that would be likely to have a positive or negative impact on the quality of Fed policy. Deflation at the Fed since 1980: (more…)

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