Instead of the Fed focusing on short-term goals, their focus should be on long-term inflation reduction, encouraging businesses to be more certain with their investments.

The Federal Reserve announced a future strategy to contain the money supply and inflation that no one should believe will work.

The Fed needs to strengthen thedollar in orderto promotelong-run prosperity and maximal growth.

When countries run huge budget deficits with rapid money growth and a depreciating exchange rate, inflation follows. There is no reason to believe we will escape the consequences.

Don't be fooled by the bond market. Banks are holding prices down because they can buy Treasuries with free money from the Fed.

The Federal Reserve’s excessive concern with keeping the stock market at a "reasonable" level has caused it to react tardily to signs that the economy was cooling off late last year.

Fiscal stimulus does not create output and jobs from thin air, but simply "borrows" them from the future.

D'Souza reviews of The Shape Of The River by William Bowen and Derek Bok and A Dream Deferred by Shelby Steele.