Robert Parry
Robert Parry
arguing inflation longer monetary point reached restraint risky seem sit stage wait
It's risky just to sit back and wait for inflation to show up before we do something, ... One point arguing for monetary restraint is that we seem to have reached a stage where inflation is no longer falling.
assume averages funds inflation maybe natural rate
Let's assume inflation averages 1 to 2 percent. Then you could see maybe the natural funds rate would be -- I don't know -- 3.5 percent, something like that,
conscience felt social society strongly
He felt very strongly that society should have a social conscience.
bank cash federal good insurance insure money
I don't think it's a good idea to take a lot of cash out of your bank and put it under your mattress. Why? Because the Federal Deposit Insurance Corp. does insure up to $100,000 of your money in the bank -- but it doesn't insure your mattress.
military war mean
... the United States, for generations, has sustained two parallel but opposed states of mind about military atrocities and human rights: one of U.S. benevolence, generally held by the public, and the other of ends-justify-the-means brutality sponsored by counterinsurgency specialists. Normally the specialists carry out their actions in remote locations with little notice in the national press. That allows the public to sustain its faith in a just America, while hard-nosed security and economic interests are still protected in secret.