The Federal Reserve's role should be to protect the value of the dollar. But the dollar has been in decline for most of the last century.
The disappointing March employment report suggests job growth is coming back in sync with economic expansion after unusually strong job growth in the winter.
The first quarter of 2012 will go down as the most active for junk bond issuance since 1980, when Thomson Reuters began keeping track, with 130 companies floating $75 billion in debt offerings.
For the richest Americans, the recovery is in full swing. But everyone else is losing ground.