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Tag Archives: tarp
Where Did Neel Kashkari’s Infinite Cash Go?
On April 10, 2020, at the apex of mass coronavirus hysteria, Minneapolis Fed President Neel Kashkari appeared on 60 Minutes. With eyes bugging out of his head, he offered a critical insight. That the Federal Reserve has “infinite cash” and will do whatever it needs to make sure there is enough cash in the banking system. Continue reading
Posted in MN Gordon, Politics
Tagged $700 billion, boom and bust, infinite cash, neel kashkari, tarp
3 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
The Cure is Worse than the Disease
Today we look back to the recent past with singleness of purpose. Context and edification for the present economy is what we’re after. We have questions… How come the recovery has been so weak? Why is it that, nearly seven … Continue reading
Posted in MN Gordon, Politics
Tagged aig, bailouts, dick fuld, financial engineering, jim bunning, tarp
5 Comments