Tag Archives: arthur burns

Suffering the Fed’s Mistakes

The proof is in the pudding. The Fed’s track record over many decades shows it’s unable to get interest rate policy right. In fact, over just the last 30 years Fed policies have orchestrated three massive boom and bust cycles. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | Leave a comment

Mistakes from the Past

Over the last three weeks something unexpected by the Fed has happened. The yield on the 10-Year Treasury didn’t follow the Fed’s rate cut down. Rather, it did the opposite. It went up. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 1 Comment