Fed’s new monetary plan runs the risk of severely damaging the US economy
byThe US central bank announced on Thursday September 13, 2012 that it will expand its holdings of long-term securities with open-ended purchases of $40…
Ben Bernanke
Has US monetary policy reached a dead end?
byIn his various speeches and comments the Chairman of the Federal Reserve Ben Bernanke has given the impression that the central bank’s monetary policy…
Prozac-craving markets
byIn my view, there is no escaping the fact that things are not getting better. If anything, they are getting worse. Following the large…
Contra Bernanke on the gold standard
byIn his lecture at George Washington University on March 20, 2012, Federal Reserve chairman Ben Bernanke said that under a gold standard the authorities’…
Did Bernanke prevent another Great Depression?
byIn a lecture given at the George Washington University on March 27, 2012 the Chairman of the Fed said that the US central bank’s…
Still crazy after all these years
bySo, here we are, drawing to the close of another year and still we struggle with the legacy of the last Boom, still we…
Brazil
byWith his history in the transfer market there is no guarantee that Carlos Tevez won’t still end up at Brazilian side Corinthians. But even…
Bernanke’s blind side
byThe world financial system is skating on thin ice, and that ice can crack at any moment. The instabilities of the global paper money…
Do the Fed Chairman’s comments on the economy make any sense?
byIn his speech at the National Press Club, Washington, DC on February 3, 2011 the Federal Reserve Board Chairman Ben Bernanke repeated that the…
Inflationism unabated
byIn his recent Congressional testimony, our dangerous monetary Dr. Moreau was forthright in defence of his latest wild experiment in inflationism, saying that the…