Tag Archives: jerome powell
What Fed Chair Powell Forgot to Mention
What are the chances of Federal Reserve Chairman Jerome Powell being wrong? The chances he’ll be wrong on the economy’s growth prospects, the direction of the federal funds rate, and inflation itself? Our guess is his chances of being wrong … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, debt ceiling, federal reserve, interest rate, jerome powell, treasuries
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Haunted by Ghosts of the Old Eastern Bloc
Jerome Powell, the new Chairman of the Federal Reserve, just completed his third week on the job. He’s hardly had enough time to learn how to operate the office coffee maker, let alone the all-in-one printer. He still doesn’t know … Continue reading
Posted in MN Gordon, Politics
Tagged central planning, eastern bloc, jerome powell, misallocation of capital, price controls
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