Tag Archives: ben bernanke

How to Stick It to Your Banker, the Federal Reserve, and the Whole Doggone Fiat Money System

Posted on May 12, 2017 by MN Gordon

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 →

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Deficit Spending is Not the Answer

Posted on March 25, 2016 by MN Gordon

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 →

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The Fed’s Stars Never Aligned

Posted on December 15, 2015 by MN Gordon

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 →

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Manna from Heaven

Posted on August 28, 2015 by MN Gordon

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 , , , , | 2 Comments