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Tag Archives: ben bernanke
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
Posted in Inflation, MN Gordon
Tagged ben bernanke, debt, deficit spending, european central bank, federal reserve, fiscal policy, mario draghi
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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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The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
Posted in MN Gordon, Politics
Tagged ben bernanke, interest rates, janet yellen, larry summers, monetary policy
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