Fanniefredderung

Or maybe I should spell it Fanniefrädderung, which has the benefit of being more explicitly Wagnerian if harder for non German-speakers to pronounce. It’s now the Curious Capitalist’s official name for the predicament facing mortgage giants Fannie Mae and Freddie Mac. Just thought of it myself (and did a quick Google search to make sure [...]

The Great Deflation of 2009

Yeah, yeah, inflation’s the highest it’s been in 17 years. But Business Week‘s Michael Mandel–who is a real live Ph.D economist!–has been writing a series of blog posts making the case that it’s going to peak soon if it hasn’t already. And that next year we may actually be talking about falling prices. A sampling: [...]