Power & Market

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Douglas French

Higher prices and lower growth look to be on the horizon. Richard Clarida, a former vice chair of the Federal Reserve who now advises the Pacific Investment Management Company, told Bloomberg that he already sees a “whiff of stagflation” in the economy.

Ron Paul

When wars can be started by presidents with no authority granted by Congress, the results can be the kinds of endless military engagements with ever-shifting, unachievable objectives such as we’ve seen in Afghanistan and Iraq.