The Bank of England's Flawed Approach to Monetary Policy
Central banks lack both the power and the knowledge needed to deliver stable growth.
Monetary Policy
Federal Reserve Officials Divided Over Continuing Bond Purchases
Some say keeping rates artificially low, indefinitely, is a bad idea
Further Inside the Brain of the Sound Money Advocate
Bloomberg's recently (and quite rightly) christened "Forbes 30 Under 30" superstar Josh Barro is inside my head. Or at least that's what the title of his recent post for The Ticker implies. But since he kindly didn't dig deeper in exploring the depths of our depraved "Hard-Money Advocate" Brains, let me clear up a few things.
Richmond Federal Reserve President Criticizes Bernanke
Thinks the Fed might be going too far
Eurozone Leaders Launch Bailout Fund
The European Stability Mechanism is worth $653 billion
Greek PM: Greece Will Go Bust Next Month Without Bailout
Foreign lenders must approve austerity measures for the rescue package to be granted
Iran Looks to Eliminate Free Market in its Currency
Sanctions have been blamed for the crashing rial
Economy Grows Less Than Hoped
1.3 percent growth lower than the 1.7 percent that was predicted
Chicago Fed Leader Calls for More Easing
Urged policy makers to hold interest rates near zero until the unemployment rate falls to 7 percent or inflation rises to 3 percent.
Spain to Request Bailout, Says Barclays
New budget expected to set the stage for access to rescue fund
Eurozone Officials Considering Opening European Stability Mechanism to Private Investment
Who wouldn't want to put money into a bailout fund for bankrupt countries worth hundreds of billions of euros?
Paul Volcker: QE3 "Will Fail"
So, tell us what you really think, Mr. former Federal Reserve chairman
Brazil's Government Furious Over QE3
The country's finance minister sees the U.S. artificially weakening the dollar, hurting other economies
Economists Forecast $600 Billion in QE3 Bonds
Will keep program going until unemployment hits 7 percent
Ron Paul: Fed's QE3 "Detachment from Reality"
"The Fed's only solution for every problem is to print more money and provide more liquidity."
The Private Currency and Swap Shop of Yellow Springs, Ohio
Recovered history from the Depression.
European Shares Hold Ahead of Bernanke Speech
Fed Chairman is to give a speech to other central bankers in Wyoming later this week
Bank of England Defends QE
The bank claims most Britons are better off because of fiscal activism
The Fed's Harmful Monetary Policy
From a long-term perspective, the Federal Reserve is doing more harm than good right now to economic stability.
42 Straight Months of Stupidly Optimistic Official Predictions About Economic Recovery
Once-a-month quotes from the Obama administration and the media about how the economy will be booming any minute now.
