Category Archives: Federal Reserve

QUANTITATIVE EASING — ANOTHER EXPLANATION

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Blogosphere debate over NGDP targeting makes its way to the boardroom of the Federal Reserve

David Beckworth reports: The FOMC minutes released today reveal a big change in terms of policy options being discussed by the Fed.  For the first time the FOMC has discussed the possibility of targeting the level of NGDP.  Here is … Continue reading

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Marc Faber on the current crisis

He’s not drinking the Krugman kool-aid.  From the interview: HRN: Is there a relationship between monetary expansion and the fact that the US economy depends so heavily on consumption? Dr. Marc Faber: Basically, if you look at consumption as a … Continue reading

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Math jocks flying like crazed moths around the lamp post

David Colander on how the National Science Foundation bankrolled the pseudo-scientific climate which made the Bush/Obama depression inevitable. But let’s not also forget how the Federal Reserve has bought and paid for exactly the “scientific” community it wants.

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The “Global Savings Glut” Sham

Steve Hanke takes a look at the evidence and concludes that Alan Greenspan is simply b*llsh*tt*ng the public when he directs attention to a “global savings glut” and claims that the Federal Reserve has no responsibility for the current boom … Continue reading

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Who’s a Better Economist?

John Stossel or Ben Bernanke?  I’d suggest Stossel understands more that matters more.  And Stossel’s track record isn’t as pathetic as Bernanke’s. Don’t miss the related Bernanke YouTube video:

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