Reasons for Optimism on the Economic Outlook
August 22, 2011 at 15:44 PM EDT
Grounds for optimism about the economy have been scarce, so you might suggest I’m scraping the bottom of the barrel here. Not true. This is BIG! We finally have the money supply growing as it should. The Federal Reserve’s second round of big quantitative easing (QE2 it’s called) didn’t seem to have much effect at [...]