Bernanke: Tightening the Fed Could Endanger Recovery
Defends aggressive actions
Also says recovery is being distorted
If at first you don't succeed... you probably ought to try something new, not more of the same
They're going to keep doing the same thing because the economy is still slumping
There's a relevant Einstein quote about doing the same thing over and over again
Lingering subsidy from the bailout
'Cuz flooding the market with money solves everything
Former OMB director says decline may be irreversible
"Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff"
Weak economy means inflating home and stock prices does little
Bloomberg News recently valued big banks' cheaper borrowing rates because they're too big to fail at $83 billion a year
Made the comments while testifying before the Senate Banking Committee
Richmond Fed head says he tipped off banks about a rate cut
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
Help Reason push back with more of the fact-based reporting we do best. Your support means more reporters, more investigations, and more coverage.
Make a donation today! No thanksEvery dollar I give helps to fund more journalists, more videos, and more amazing stories that celebrate liberty.
Yes! I want to put my money where your mouth is! Not interestedSo much of the media tries telling you what to think. Support journalism that helps you to think for yourself.
I’ll donate to Reason right now! No thanksPush back against misleading media lies and bad ideas. Support Reason’s journalism today.
My donation today will help Reason push back! Not todayBack journalism committed to transparency, independence, and intellectual honesty.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges central planning, big government overreach, and creeping socialism.
Yes, I’ll support Reason today! No thanksSupport journalism that exposes bad economics, failed policies, and threats to open markets.
Yes, I’ll donate to Reason today! No thanksBack independent media that examines the real-world consequences of socialist policies.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges government overreach with rational analysis and clear reasoning.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges centralized power and defends individual liberty.
Yes, I’ll donate to Reason today! No thanksYour support helps expose the real-world costs of socialist policy proposals—and highlight better alternatives.
Yes, I’ll donate to Reason today! No thanksDonate today to fuel reporting that exposes the real costs of heavy-handed government.
Yes, I’ll donate to Reason today! No thanks