The Fed, Interest Rates and GDP

Here’s a video that directly addresses how the Federal Reserve Board sets interest rates in an attempt to bolster employment, stave off excessive inflation and stabilize long term interest rates.  David Dixon Lentz discusses the inter-relationship between fiscal and monetary policy and how they affect Gross Domestic Product (GDP). Of course, no discussion is complete Read More …

Fiscal Policy & Physical Conditioning

Here’s an updated discussion on Fiscal Policy and its affects on Gross Domestic Product (GDP) and of course, jobs and inflation.   What is “full employment, and when will inflation kick in? Of course, we are also interested in balance, which for our purposes, means health and fitness.  See our host attempt 70 push-ups and a Read More …

Current Issues and Rao’s Solution: A Defense

Recently I received some insightful comments on my novel, Rao’s Solution.   I always appreciate well-intended objective comments on my work. I thought I would  share parts of my response because it really goes to the whole purpose of the book. [As you will see I didn’t pay close attention to the rules of punctuation.] *** Read More …