Why is everyone talking about inflation?
The problem is, when it is cheaper and easier to borrow money, prices rise.
monetary policy
Tuberville says Democrats’ spending puts economic recovery at risk
Fuel, lumber, bricks, corn, wheat, copper, housing and labor have gotten more expensive in the last year, sparking fears of inflation.
Shelby Elected Chairman Of The Senate Banking Committee
By Brandon Moseley Alabama Political Reporter On Thursday, January 8 U.S. Senator Richard Shelby (R from Alabama) was named the Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs for the 114th Congress. Sen. Shelby was elected by the Republican members of the committee on Wednesday and his appointment was confirmed … Continued
Steve Forbes Speaks At Auburn
By Brandon Moseley Alabama Political Reporter Auburn Conservatives for Tomorrow (ACT) and Young America’s Foundation hosted former Republican Presidential candidate Steve Forbes on Friday, March 21, 2014 at the new Auburn Arena. Forbes told reporters that the economy is getting better but it is still not as strong a recovery as it should have been. … Continued
Shelby Says that Federal Reserve has Engaged in “A Backdoor Stimulus Program through Monetary Policy”
By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby of Alabama voted on Monday against the nomination of Dr. Janet Yellen for Chairman of the Board of Governors of the Federal Reserve System, because he disagreed with Yellen’s weak record on bank regulation and strong support for easy money policies. Senator Shelby said on … Continued
Shelby Opposes Yellen Nomination
By Brandon Moseley Alabama Political Reporter On Thursday, the Senate Banking Committee voted on President Obama’s nomination of Janet Yellen to be the Chairman of the Federal Reserve. Senator Richard Shelby (R) from Alabama firmly opposed the nomination. Yellen’s nomination was approved by the Committee by a vote of 14-8.
Senator Shelby has been a … Continued