Tag Archives: fomc
Monetary Madness and Rabbit Consumption
“The hurrier I go, the behinder I get,” is oft attributed to the White Rabbit from Lewis Carroll’s, Alice in Wonderland. Where this axiom appears within the text of the story is a mystery. But we suspect the White Rabbit … Continue reading
Posted in Inflation, MN Gordon
Tagged alice in wonderland, federal reserve, fomc, janet yellen, rabbit consumption
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Why Janet Yellen is Toast
“The Phillips Curve is alive,” said Fed Chair Janet Yellen at Wednesday’s post FOMC meeting press conference. We’ll offer some remarks on this in just a moment, including why Yellen is toast. But first we must put her utterances into … Continue reading
Posted in Inflation, MN Gordon
Tagged brandolini's law, central banking, fomc, janet yellen, phillips curve
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