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Entries by Marshall Auerback from 10/2010

Main Street Is Dying a Death by a Thousand Spending Cuts

| Posted 10.05.2010 | Business

Fiscal austerity proponents are clueless about the functioning of real economies and monetary systems. Hacking away the last vestiges of fiscal support will simply ensure much more misery, unemployment and social turmoil in the years ahead.

The G20 Currency Accord Collapses Under the Weight of Its Own Contradictions

| Posted 10.26.2010 | World

Remember how great it felt to be paying $5.00 per gallon for gas during the oil price spike in the summer of 2008? That's going to be child's play compared to what's ahead.