Posts Tagged ‘QE3’

  • Cost of the QE3

    Monetary Policy: The Cost of QE3

    Sep 20, 13 • 757 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]

  • Monetary Policy: QE Insight

    Jun 25, 13 • 339 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]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Obama’s Keynesian Message

    Sep 17, 12 • 595 Views • No Comments

    Comparing Obama/Biden and Romney/Ryan economics, people name John Maynard Keynes and Friedrich von Hayek. Having looked at Hayek several weeks ago, let’s turn to Keynes now. During 1934, with unemployment high and production low, British economist John...  [read more]

  • QE3 and the Baby Boomers

    Sep 14, 12 • 241 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 • 385 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]