Category Archive: Economics

Will Rogers on “War and the Federal Reserve”

Folks, you just gotta love Will Rogers! Here’s a classic quote about war and the Federal Reserve from 1929 that still rings true today. The Federal Reserve (The Fed)  is responsible for conducting the nation’s monetary policy to help maintain employment, keep prices stable, and keep interest rates relatively low. The poor folks running The …

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Will Rogers on “Mister, Can You Spare $10 Billion?”

The saying: “Mister can you spare a dime?” typified the poverty and despair during the depression years. My Grandmother told me that young, out of work, men would travel from place to place looking for jobs. Many times they would come to her back door to ask for a bite to eat. Those were difficult …

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