Posts Tagged ‘bank failures’

  • The Fed Debate

    Sep 5, 12 • 385 Views • No Comments

    10 years ago, the future Federal Reserve Chairman Ben Bernanke said to Nobel laureate Milton Friedman, “Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” What...  [read more]

  • The Congress and the Deficit

    Our Confidence in Congress

    Aug 18, 12 • 240 Views • No Comments

    The preface to This Time It’s Different: Eight Centuries of Financial Folly tells us that, “We have been here before.” During 1837, with Martin Van Buren entering the White House and Andrew Jackson leaving, a depression had begun. Called...  [read more]