Posts Tagged ‘monetary policy’

  • Monetary Policy: QE Insight

    Jun 25, 13 • 532 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]

  • The Fed Debate

    Sep 5, 12 • 621 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]

  • The Congress and the Deficit

    Our Confidence in Congress

    Aug 18, 12 • 373 Views • No Comments

    The preface to This Time It’s Different: Eight Centuries of Financial Folly tells us that, “We have been here before.” During 1837, with Martin Van Buren entering the White House and Andrew Jackson leaving, a depression had begun. Called......  [read more]

  • The Congress and the Deficit

    Solving Our Economic Problems

    Jul 29, 12 • 411 Views • No Comments

    Having experienced an economic calamity, don’t we just need to figure out how to prevent it from happening again? Yes…but that might be impossible. MIT economist Andrew Lo read 21 books on the financial crisis. 11 were from academics, 10 from......  [read more]

  • Money..16624_4.26_000006278830XSmall

    Laundering Zimbabwean money

    Mar 29, 12 • 595 Views • No Comments

    In Zimbabwe, people are laundering money. Literally. When their U.S. dollars look too gray and faded, Zimbabweans wash and dry them. In this Wall Street Journal photo, dollar bills, shirts and sheets are suspended with clothes pins along a line. Why? First......  [read more]