Monetary Policy Subscribe to Monetary Policy
The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String
In a move that some are calling QE3, the Federal Reserve announced yesterday that it will engage in a policy called “the twist” – selling short-term bonds and buying long-term… Read more
Another Fed-Bashing Video
I generally try to avoid commenting on monetary policy. Not because I don’t have opinions, but for the simple reason that I don’t follow the issue closely enough to feel… Read more
Easy Money from the Federal Reserve Is Not the Solution for America’s Economic Problems
Allen Meltzer, an economist at Carnegie Mellon University, writes today in the Wall Street Journal about the Fed’s worrisome announcement that it will continue the easy-money policy of artificially low… Read more
Private Digital Money and the Fight Against Oppressive Government
I’m depressed about the global network of tax police being organized by the OECD and high-tax governments. If successful, it will lead to much bigger, more oppressive government. But maybe… Read more
End the Fed: More than Just a Bumper Sticker Slogan?
To put it mildly, the Federal Reserve has a dismal track record. It bears significant responsibility for almost every major economic upheaval of the past 100 years, including the Great… Read more
Some Wholesome Fed-Bashing on CNBC
A lot of guests for this appearance, but I think I got a fair share of airtime. More important, I explained why it is not a good thing for Ben… Read more
Five Lessons from Ireland
The news is going from bad to worse for Ireland.
I’ve already commented on Ireland’s woes, and opined about similar problems afflicting the rest of Europe, but the continuing deterioration of the Emerald Isle deserves further analysis so that American policy makers hopefully grasp the right lessons. Here are five things we should learn from the mess in Ireland.
The Hidden Explanation for Bernanke’s QE2 Policy?
Maybe I’m crazy, or maybe I’m just getting into the Christmas spirit, but I saw this photo of Fed Chairman Ben Bernanke on the Drudge Report and my mind instantly… Read more
Bashing the Federal Reserve
I’m utterly envious at how this video has gone viral, but I have to admit that it is quite clever. I don’t think my flat tax videos, for instance, have… Read more
Savage New York Post Column on How Obama Economic Policy Is Causing Global Concern
I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of… Read more