Today’s Jobs Report And The Cult Of Central Banking: Counting Angels On The Head Of A Pin While Main Street Flounders | David Stockman's Contra Corner

Posted by straightlinelogic 9 years, 6 months ago to Economics
1 comments | Share | Flag

David Stockman is one of the few that get it, economically speaking, and one of the even fewer who has the balls to say it. Soon I will be reviewing his book The Great Deformation (preview: it will be a favorable review) and a few minutes at his blog, Davidstockman'scontracorner.com, every day is time well spent. The most remarkable part of his story is that he was once a very well connected and well paid insider, in the Reagan administration and later with the Blackstone group.
SOURCE URL: http://davidstockmanscontracorner.com/todays-jobs-report-and-the-cult-of-central-banking-counting-angels-on-the-head-of-a-pin-while-main-street-flounders/


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by dbhalling 9 years, 4 months ago
    I like this part "Real median family income is down 12 percent from its unsustainable 2007 housing bubble peak; more importantly, it was no higher in 2013 than it was way back in 1989 when the modern age of central bank money printing was just getting underway."
    Reply | Mark as read | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo