Dinner With the Feds

I am going to a dinner sponsored by the Federal Reserve Bank. It's something that I planned quite awhile ago, but the times are certainly more interesting now than when I made my reservation.

The topic of the presentation is "Monetary Policy and the Economic Outlook." I'll take notes. On the speech and on the dinner. Beans and rice? Or beef? Or an IOU?

"Unencumbered capitalism is not a substitute for social policy; that on its own, without a social compact, raw capitalism is destined to serve the few at the expense of the many."

David Simon, a former police officer and writer, who created "The Wire" makes more sense than any banker I have ever talked to.