Posts Tagged ‘Ben Bernanke’

Central Banking as the New Central Planning


Thursday November 17th, 2011   •   Posted by Emily Skarbek at 7:02am PST   •   0 Comments

Below is an excellent Bloomberg interview with James Rickards, senior managing director of Tangent Capital Partners and author of “Currency Wars: The Making of the Next Global Crisis.” He talks with James Grant, publisher of Grant’s Interest Rate Observer, on recent Federal Reserve monetary policy, the gold standard and the impact of Fed policy…
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Geithner’s “Fed Unlimited Rewards” Card


Monday July 11th, 2011   •   Posted by Emily Skarbek at 8:30am PDT   •   1 Comment

HT: Tyler Watts

Bernanke Responds to Incentives


Wednesday June 15th, 2011   •   Posted by Emily Skarbek at 9:59am PDT   •   1 Comment

Bernanke urges for an increase in the debt ceiling, demonstrating the wisdom of James Buchanan and Richard Wagner. In Democracy in Deficit, Chapter 8, the authors set out to model Keynesian-oriented fiscal policy with the “the plausible hypothesis that monetary authorities are, like elected politicians, subjected to both direct and indirect political pressures, and…
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Federal Reserve Used Trillions of Dollars for Secret Bailout of U.S. and Foreign Firms


Friday December 3rd, 2010   •   Posted by David Theroux at 2:01am PST   •   5 Comments

In shocking new disclosures, the Washington Post has reported in an article, “Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms,” that in 2008 and 2009 the Federal Reserve created trillions of dollars in corporate welfare as secret bailouts “not just to Wall Street but also to motorcycle makers, telecom…
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The Return of Stagflation


Sunday November 28th, 2010   •   Posted by Alvaro Vargas Llosa at 4:07pm PST   •   2 Comments

We are entering an era of high inflation, to judge by the massive growth of the money supply in the United States, Europe and Asia, and the stubbornness of central bankers who insist that high unemployment demands the creation of even more money. The last time the world went through a similar period was…
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Federal Reserve to Spend $1 Trillion More as “Economic Stimulus”


Thursday November 4th, 2010   •   Posted by David Theroux at 6:28am PDT   •   0 Comments

In the new Wall Street Journal article, “Fed Fires $600 Billion Stimulus Shot,” Jon Hilsenrath reports that the day after the stunning mid-term elections that clearly were a referendum against the Keynesian spending binge of Presidents George W. Bush and Barack Obama, the Federal Reserve has launched another gigantic “stimulus” measure exactly like what…
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