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Tag Archives: neel kashkari
Federal Reserve President Kashkari’s Masterful Distractions
How is it that seemingly intelligent people, of apparent sound mind and rational thought, can stray so far off the beam? How come there are certain professions that reward their practitioners for their failures? The central banking and monetary policy … Continue reading
Posted in MN Gordon, Politics
Tagged big banks, eric hoffer, federal reserve, neel kashkari, the true believer
11 Comments
Tales from the FOMC Underground
Many of today’s economic troubles are due to a fantastic guess. That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would … Continue reading
Why the Fed Destroyed the Market Economy
Swing voters are a fickle bunch. One election they vote Democrat. The next they vote Republican. For they have no particular ideology or political philosophy to base their judgement upon. They don’t give a rip about questions of small government … Continue reading
Posted in Inflation, MN Gordon
Tagged donald trump, federal reserve, government meddling, interest rate, neel kashkari
17 Comments
Even Death Won’t Save Us
Rubbernecking at the economic train wreck of central planners is not without hazard. A strained collar and dry eyes, for instance, are common perils. So, too, is the lasting grimace of disbelief that comes with the rollout of each zany … Continue reading
Posted in MN Gordon, Politics
Tagged central planning, henry paulson, interest rate, neel kashkari, tarp
6 Comments