Tag Archives: ben bernanke
What Happens When the Chickens Come Home to Roost?
What happens when the chickens come home to roost? This is today’s question. But what is the answer? In just a moment we’ll offer several thoughts and ruminations. First, however, we must take stock of the chickens… Continue reading
Where Did Your Money Go?
It all seems so systematic, arranged, and orderly. Almost a direct proof of deism. Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. Continue reading
How to Stick It to Your Banker, the Federal Reserve, and the Whole Doggone Fiat Money System
Somehow, former Federal Reserve Chairman Ben Bernanke found time from his busy hedge fund advisory duties last week to tell his ex-employer how to do its job. Namely, he recommended to his former cohorts at the Fed how much they … Continue reading
Deficit Spending is Not the Answer
Central bankers and monetary adherents the world over are united in the common grouse that fiscal policy is lacking. Grander programs of direct stimulation are needed, they grumble. Monetary policy alone won’t cut the mustard, they gripe. Hardly a week … Continue reading