Posts Tagged ‘Federal Reserve’

  • Monetary Policy: QE Insight

    Jun 25, 13 • 559 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 • 886 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 • 456 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]

  • The Fed Debate

    Sep 5, 12 • 653 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]

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    A Surprising Deficit Worry

    Oct 22, 11 • 488 Views • No Comments

    Who do you think is the biggest holder of U.S. government debt? The U.S. government. Whenever Social Security collects more payroll tax money than it needs, it buys U.S. securities. Retaining cash would mean no return, buying stock could be risky and,......  [read more]