Posts Tagged ‘Federal Reserve’

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    Virginia and Germany

    Dec 1, 10 • 198 Views • No Comments

    “Where…is the justice of compelling a State which has taxed her citizens for the sinking of her debt, to pay…the debts of other states, which have made no exertions whatever?” This quote, from John Steele Gordon’s,...  [read more]

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    QE2: Pros and Cons

    Nov 8, 10 • 558 Views • No Comments

    Reminding us that there is no such thing as a free lunch, The Washington Post has an excellent interactive summary of the pros and cons of a QE2 impact. But first…what is QE2? Through a second round of quantitative easing, the Federal Reserve will...  [read more]

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    Where is QE2 Going?

    Nov 6, 10 • 288 Views • No Comments

    Did you ever wonder how things really happen? We read about quantitative easing and hear some gigantic number but then…what? Who does it and how? In a Planet Money podcast, journalists visit the Fed and observe how one person implements Fed policy. It...  [read more]

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    Translating the Fed

    Sep 23, 10 • 260 Views • No Comments

    I just discovered the Slate Plain English tool. Still under development, its function is to transform unintelligible jargon into normal English. To see how it works, you might want to look at a Slate/Planet Money translation of Tuesday’s Federal Reserve...  [read more]

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    The Two Sides of ZIRP

    Aug 23, 10 • 258 Views • 1 Comment

    Hearing economists discuss the Fed’s zero-interest-rate policy, Harry Truman would again search for a one-handed economist. On the one hand…if you can borrow money cheaply, you are more likely to expand your business and buy a house or a car....  [read more]