Archive for: March 16, 2015

The attached report is largely positive – and for that we should thank central bankers. Until recently, I didn’t spend a lot of time thinking about them. I believe that we are each responsible for our individual successes. But, a rising tide can lift many boats and lately I have come to see that the tide of the U.S. economy continues to rise in large part because our central bankers took unprecedented steps: buying debt and keeping interest rates low across the yield curve. I’m glad they did, despite former Texas Governor Perry calling it “treasonous” (someone please send him…

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