Atlanta Constitution column-April 23, 2004

Let’s assume that interest rates are at or beyond their low points for this cycle and will be rising measurably in the next two years.  What should you do as an investor or borrower?

 

Atlanta Constitution column-April 19, 2004

OK, I was wrong in my last column.  That 0.4 percent gain in the consumer price index other than food and energy was the termite that requires some interest rate action.  Patience in maintaining subsidized interest rates no longer is appropriate when inflation already is intensifying. 

 

Atlanta Constitution column-April 10, 2004

Both the physicist and economist sometimes are solving similar problems.  The physicist wants to know precisely how long the rocket must burn fuel to glide into a sustainable orbit.  The economist wants to know how long to pursue a stimulate policy until a sustainable growth path has been achieved by the economy.