The Iran crisis shifts from hot war to cold war

I have not written for awhile about the Iranian nuclear situation.  Mostly this is because nothing has been happening that is worth reporting.  However, the chain of events that have occurred are a strong indication to me that the situation has downgraded from a...

Inflation figures, Consumer Price Index-style

The Department of Labor announced January Consumer Price Index figures.  The CPI is the standard measure of inflation in the U.S. economy.  Specifically the CPI rose 0.2%, however the so-called “core number” which nets out volatile food and energy prices,...

The Fed raises an interest rate

Hello again, Yesterday afternoon the Federal Reserve indicated that it was raising the discount rate (an interest rate it manages) by 0.25%.  The discount rate is the rate that the Federal Reserve charges banks who must borrow money to meet reserve requirements at...

More Madison Avenue manipulation

Watching the Winter Olympics the other night I saw yet another manipulative advertisement, this time from Chevrolet.  Specifically for the Chevy Equinox model.  The ad boldly states as one of the reasons to buy the car that it gets 600 miles per tank.  I am certain...