Tag Archives: monetary policy

Janet Yellen’s 78-Month Plan for the National Monetary Policy of the United States

Adventures in depravity are nearly always confronted with the unpleasant reality that stopping the degeneracy is much more difficult than starting it.  This realization, and the unsettling feeling that comes with it, usually surfaces just after passing the point of … Continue reading

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An Open Letter to William Dudley

Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, … Continue reading

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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

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Is Janet Yellen a Jenny Ass?

Federal Reserve Chair Janet Yellen’s at the top of her game.  She knows exactly what to do.  She’s a PhD economist, after all.  Her various affiliations with the Fed go back nearly 40 years.  She knows what the correct Fed … Continue reading

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