Word: fed
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...better for him, was the standard medical answer. He'll be looked after, fed, cleaned - oh, and there are many activities ... And his apartment - it was so dirty ... He could hurt himself. How can he pay his bills...
...Soon enough, three of Europe’s largest economies may be lobbying the ECB to effectively behave more like the American Federal Reserve. After all, since the beginning of the write-down debacle in Wall Street, renowned Great Depression scholar and Fed Chairman Ben S. Bernanke ’75 has strongly favored loose economic policy (and a weaker dollar) to mitigate any economic downturn. Interest rate cuts have grabbed most headlines, but more money floating around will inevitably translate into higher inflation. It is only a matter of time...
...mandate of the ECB, as well as its leaders’ beliefs, differs significantly from that of the American Fed. Since its inception in the Maastricht Treaty of 1992, and largely due to the powerful influence of the conservative German Budnesbank, the ECB’s main charter goal is not to ensure growth (and the political survival of politicians in office). Rather, it is to “maintain price stability...
...everything else he said, he was right. At these crossroads, however, Europe’s long-term and short-term goals are aligned: It should stick to its responsible monetary polices and avoid inflation in order to protect the purchasing power of most Europeans. Especially in the context of Fed moves, if the ECB gives in to irresponsible and demagogic politicians, Europe will eventually suffer not only from higher unemployment, but also from higher price levels brought about by internalized expectations...
...supporters, and by Thanksgiving was soliciting hundreds of signatures onto petitions to get Clinton on the primary ballot. Last week, she made 200 meatballs for the staffers and volunteers gathered at the local campaign office for a debate-watching party at Clinton's sparse storefront headquarters. "When you're fed, you're happy," she says...