Welcome to EconomicPolicyJournal.com
The science of economics is unique.
Only war has created more misery for general populations than
misguided economic policies. Inflation, recession, depression,
shortages, unemployment and the business cycle are all the result of
faulty policies.
Indeed, faulty economic policies have on more than one occasion led
the populace to put in control a tyrant who promises to "fix things".
Such tyrants then act to place more misguided policies on top of the
misguided policies already in place.
Misguided policies, however, are not the exclusive domain of the tyrant.
Even in the United States, misguided economic policies have led, from
time to time, to declining standards of living, recessions, depressions,
shortages, climbing unemployment and accelerating inflation.
Currently, monetary policy of the Federal Reserve, under the former
leadership of Alan Greenspan and current Ben Bernanke leadership,
has set the economy up for some extremely difficult times. Recession,
depression, stagflation, hyper-inflation and soaring interest rates can
not be eliminated as possibilities in the years ahead.
It is the goal of EconomicPolicyJournal.com to report, discuss and
review economic policies, the good policies, the bad and the ugly. It is
the goal of EPJ that a regular visitor will, over time, begin to understand
the dynamics of the economy and how various policies will impact the
economy. With this understanding, it is the hope of EPJ that an
individual will understand what actions must be taken to protect
personal, business and investment assets from the often devastating
consequences of misguided policies.
EPJ will contain both original writings and links to other writings on the
Internet that EPJ deems particularly insightful or significant.
Thank you for visiting.
Robert Wenzel
Editor & Publisher
EconomicPolicyJournal.com
rw@economicpolicyjournal.com
Only war has created more misery for general populations than
misguided economic policies. Inflation, recession, depression,
shortages, unemployment and the business cycle are all the result of
faulty policies.
Indeed, faulty economic policies have on more than one occasion led
the populace to put in control a tyrant who promises to "fix things".
Such tyrants then act to place more misguided policies on top of the
misguided policies already in place.
Misguided policies, however, are not the exclusive domain of the tyrant.
Even in the United States, misguided economic policies have led, from
time to time, to declining standards of living, recessions, depressions,
shortages, climbing unemployment and accelerating inflation.
Currently, monetary policy of the Federal Reserve, under the former
leadership of Alan Greenspan and current Ben Bernanke leadership,
has set the economy up for some extremely difficult times. Recession,
depression, stagflation, hyper-inflation and soaring interest rates can
not be eliminated as possibilities in the years ahead.
It is the goal of EconomicPolicyJournal.com to report, discuss and
review economic policies, the good policies, the bad and the ugly. It is
the goal of EPJ that a regular visitor will, over time, begin to understand
the dynamics of the economy and how various policies will impact the
economy. With this understanding, it is the hope of EPJ that an
individual will understand what actions must be taken to protect
personal, business and investment assets from the often devastating
consequences of misguided policies.
EPJ will contain both original writings and links to other writings on the
Internet that EPJ deems particularly insightful or significant.
Thank you for visiting.
Robert Wenzel
Editor & Publisher
EconomicPolicyJournal.com
rw@economicpolicyjournal.com
EconomicPolicyJournal.com
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