Posts Tagged ‘Federal Reserve’

  • Cost of the QE3

    Monetary Policy: The Cost of QE3

    Sep 20, 13 • 922 Views • No Comments

    Quantitative easing began and continues in front of a computer. If you had visited the Fed when QE1 was being implemented, you would have seen several people, daily, sitting in front of a computer, selecting securities and then buying them. Keeping track of......  [read more]

  • money dollar sign

    History of Money: Almonds, Paper Rectangles and Clicks

    Aug 8, 13 • 687 Views • No Comments

    Ben Franklin had some very wise ideas about money: Remember that time is money. Early to bed and early to rise makes a man health, wealthy, and wise. There are three faithful friends–an old wife, an old dog, and ready money. No nation was ever ruined by......  [read more]

  • punch bowl...federal reserve..Stock_000016955554XSmall

    Monetary Policy: The Punch Bowl

    Jun 28, 13 • 395 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 • 422 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]

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    Financial Markets: Data Matters

    Apr 12, 13 • 651 Views • No Comments

    Because of a Fed “flub,” data has been in the news lately. First, though, let’s look at a Bureau of Labor Statistics (BLS) data story. On a Thursday during 1998, a Wall Street economist noticed job creation data on the BLS web site that was......  [read more]