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Tag Archives: alan greenspan
“The Future Ain’t What It Used to Be”
The populace, through a long sequence of self-inflicted economic and social depravities, has a bazillion and one fire ants up its pantaloons. What’s more, they don’t like the uneven mix of pain and panic this provokes. But they aren’t quite sure how to put a stop to it. Continue reading
Posted in Inflation, MN Gordon
Tagged alan greenspan, federal reserve, john maynard keynes, price controls, yogi berra
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Alan Greenspan’s Pickled Economy
Former Federal Reserve Chairman Alan Greenspan resurfaced this week. We couldn’t recall the last time we’d heard from him. But, alas, the old fellow’s in desolate despair. On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite … Continue reading
Posted in Government Debt, MN Gordon
Tagged alan greenspan, debt, entitlements, federal reserve, GDP, gold
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The Fed’s Stars Never Aligned
On Wednesday, following the two day Federal Open Market Committee meeting, Fed Chair Janet Yellen will likely announce that the Fed will do something they haven’t done in nearly a decade. They will raise the federal funds rate. Obviously, a … Continue reading
Posted in Economy, MN Gordon
Tagged alan greenspan, ben bernanke, federal funds rate, janet yellen, monetary policy
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Manna from Heaven
Modern day monetary policy’s something we disparage around here at the Economic Prism. Relegating what price to set the key lending rate to a cadre of unelected technocrats is a contradiction of life in a free society. That’s how we … Continue reading
Posted in MN Gordon, Stock Market
Tagged alan greenspan, ben bernanke, DOW, federal reserve, janet yellen
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