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 arthur burns, federal reserve, jerome powell, the fatal conceit, william mcchesney martin jr.
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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 arthur burns, federal reserve, government meddling, interest rate, jerome powell
1 Comment
