Tag Archives: QE1

Grandma Bernanke’s Flour Canister

I hate comparisons between household budgets and Government budgets. Things which work in the micro-economic environment fail in the macro-economic environment, often because of the Fallacy of Composition. But this scenario is so cute I’ll make an exception. – Grandpa … Continue reading

Posted in America, Economics & Finance, Scarce Facts | Tagged , , | 1 Comment