Posts Tagged ‘Ben Bernanke’

  • Federal Reserve takes punch bowl away

    Humor in Fed Transcripts

    Feb 22, 14 • 380 Views • No Comments

    Below, just a reminder of one piece of the Great Recession before looking at the Fed transcripts. Lehman Brothers is the orange line.   With a typical 5-year lag, the transcripts of the 2008 Federal Open Market Committee (FOMC) meetings were just...  [read more]

  • Money Supply New $100 bill

    The Money Supply: The New Hundred Dollar Bill

    Oct 9, 13 • 662 Views • No Comments

    Our story begins in 2010 when the United States announced that it would be issuing a state-of-the-art $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. When you move it, certain shapes and colors shift. There is also a...  [read more]

  • punch bowl...federal reserve..Stock_000016955554XSmall

    Monetary Policy: The Punch Bowl

    Jun 28, 13 • 267 Views • No Comments

    Sort of like Max in Maurice Sendak’s, Where the Wild Things Are, the Federal Reserve sometimes says, “And now, let the wild rumpus start.” Then though, Max cries out, “Now stop!” and sends “the wild things to bed without...  [read more]

  • Monetary Policy: QE Insight

    Jun 25, 13 • 300 Views • No Comments

    At a 2002 conference honoring Milton Friedman on his 90th birthday, then Federal Reserve Governor Ben Bernanke concluded his remarks with… “Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you,...  [read more]

  • Correlation or Causation: Federal Reserve Humor

    Jan 19, 13 • 344 Views • No Comments

    I can remember a combination of euphoria and uneasiness as we we had some early signs of the credit crisis during 2007, the stock market peaked in October, and then in December the recession began. With a typical 5-year lag, the transcripts of the 2007...  [read more]