Posts Tagged ‘Federal Reserve’

  • money dollar sign

    History of Money: Almonds, Paper Rectangles and Clicks

    Aug 8, 13 • 565 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]

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    Monetary Policy: The Punch Bowl

    Jun 28, 13 • 337 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 • 362 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 • 536 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]

  • QE3 and the Baby Boomers

    Sep 14, 12 • 274 Views • No Comments

    At the beginning of yesterday’s QE3 press conference, Fed Chairman Ben Bernanke referred to the plight of savers. Similarly, during an August “Conversation With the Chairman,” Dr. Bernanke was asked, “What about the savers?” Both...  [read more]