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I recently spotted this comment posted by Wreed (alias) on USA Today’s article: Buffett: Economy in a recession, will be worse than feared. Though I’m sure this person had the best intentions in mind, I felt compelled to respond to why the Federal Reserve might not respond the way he wishes them to.

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From the Washington Post’s article, “The New Economics of Hunger“:
Last week, French Agriculture Minister Michel Barnier warned E.U. officials against “too much trust in the free market.”
“We must not leave the vital issue of feeding people,” he said, “to the mercy of market laws and international speculation.”
We would like to remind our readers that the [...]

The Washington Post recently published a graphic depicting the supply and demand of the global grain trade broken down by regions. It was published in tandem with their article “The New Economics of Hunger,” which examines the roots of the current rise in global food prices. Notice anything peculiar?
To point you in the [...]

Ben Bernanke and his posse at the Federal Reserve have to choose between lessening the availability of liquidity to banks that desperately need it (raising rates) or giving them liquidity but risking inflation (doing nothing or lowering).
No matter what happens in the April meeting, inflation has already gotten out of control, and this can be [...]