Category Archives: Federal Reserve

Shorter Yellen

Janet Yellen is speaking to the National Association of Business Economists. I will summarize her remarks thus sparing you an onset of ennui. In short: People who own capital will have to seek out riskier investments in order to see … Continue reading

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The Federal Reserve should do Congress’ net neutrality work

Next Wednesday the Board of Governors of the Federal Reserve will meet in Washington to announce whether the central bank has raised its target for interest rates that its member banks charge each other for overnight loans. Rate changes can … Continue reading

Posted in apps, broadband access provider, capital, commerce, e-commerce, Economy, Federal Reserve, media, net neutrality | Tagged , , , , | Leave a comment

Janet Yellen’s real girl power and anarcho-capitalist life boats

The leaders of your country are making moves on behalf of their constituents. Don’t get excited. By now you should know I’m not talking about the verbose blow-fart sitting in a cushy chair in some government office suite. I’m talking … Continue reading

Posted in American society, Anarcho Capitalist, bondholders, capital, Federal Reserve, government, libertarian, libertarianism, Political Economy, renewable energy, solar, statism | Tagged , , , | Leave a comment

#HillaryClinton should read the Full Employment Act

Hillary Clinton today came out hard against Donald Trump’s attack on the Federal Reserve, where the real estate developer and Republican nominee for president accused the American central bank of creating a “false economy.” Mrs Clinton in responses chided Mr … Continue reading

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.@RepKevinBrady had it right until he said bi-partisan commission

U.S. Representative Kevin Brady, Republican of Texas and chairman of the Joint Economic Committee penned an op-ed for The Wall Street Journal asking readers to take their eyes off of the distraction over who should be the next chairman and focus … Continue reading

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With a Larry Summers pick, will #Obama once again show that Danny Glover was right?

Maureen Dowd wants to know if President Obama will continue the good ole boy club by selecting Larry Summers to replace Ben S. Bernanke as head of the Federal Reserve.  That’s one question she posed yesterday in a The New … Continue reading

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Media diversity may start with the Federal Reserve vs. the FCC

I just finished reading a post by the Cato Institute’s Steve H. Hanke where Mr. Hanke argues that the Federal Reserve’s target of zero to one quarter of a percent federal funds rate is actually exacerbating the credit crunch still … Continue reading

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People aren’t using smartphones to obtain capital. Not very smart.

Today I read through the Federal Reserve’s survey of consumer usage of mobile financial services to see if consumers were by chance using smartphones to obtain capital.  Much to my chagrin, when it came to borrowing, smartphone users appear to … Continue reading

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If I were a big bank, I wouldn’t lend you money either

I hate when politicians try to make “too big to fail” about whiny consumers who couldn’t get a loan to finish a deck that overlooks their backyard.  The concept raised its head again during a Senate sub-committee hearing on J.P. … Continue reading

Posted in banks, capital, Congress, consumer protection, consumers, Economy, Federal Reserve, Financial Regulation, free markets, Political Economy, too big to fail | Tagged , , , , , | 3 Comments

No, Mrs. Waters. The Federal Reserve’s monetary policy has not helped unemployment

Maxine Waters and the rest of the Congressional Black Caucus need to be braver when it comes to the economy. Time to stop towing the line. This morning in her opening statement during a hearing on the Federal Reserve, Mrs. … Continue reading

Posted in banks, Congressional Black Caucus, Federal Reserve, unemployment | Tagged , , , | 1 Comment