Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> BEN BERNANKE Latest News

MAR 27, 2013 - Business Insider

A Must Read - Share

The Federal Reserve's Talent, Tools, And Track Record Should Give Us Cause For Alarm

On a long solo car trip last week, I listened to several podcasts to pass the time. One was a classic: The Invention of Money, originally released by NPR's Planet Money team back in January of 2011. I highly recommend listening (or re-listening) to it in full. The podcast is an effective reminder of how any currency in a monetary system is a fabricated construct. A simpler way to explain this is to say it has value simply because we believe it does. Through the centuries – in historic cultures like that of Yap Island who used giant, immovable stone disks for commerce, to today's United ... Read More

Tags: The Federal Reserve's Talent, Tools, And Track Record Should Give Us Cause For Alarm,  Ben Bernanke Latest News