Bernanke, Fed Blindsided by Financial Meltdown
They didn't see it coming and had no idea what they were dealing with
They didn't see it coming and had no idea what they were dealing with
Reserve's behavior more protection for big business
Kansas City Reserve head uncomfortable with current actions
Documents obtained through FOIA reveal
Some say keeping rates artificially low, indefinitely, is a bad idea
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.
Predicting the next mayor of New York City, new Fed leadership, and who the Supreme Court will irritate most
Thinks the Fed might be going too far
Pressing on with plan to buy mortgage-backed securities
Sting operation provided him with a fake car bomb
The Fed's made its request for printing Federal Reserve notes for distribution in Fiscal Year 2013
Printing more money will work the Federal Reserve chairman insists
Urged policy makers to hold interest rates near zero until the unemployment rate falls to 7 percent or inflation rises to 3 percent.
The average rate on the 30-year loan declined to 3.49 percent from 3.55 percent last week
Will keep program going until unemployment hits 7 percent
Turns out, ratings agencies think that doubling-down on massive spending is a bad idea
"The Fed's only solution for every problem is to print more money and provide more liquidity."
And why the Occupy movement should be up in arms.
Because you can always spend your way out of trouble
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