Fed-Engineered Jobs Failure

Fed-Engineered Jobs Failure

Author’s note: I apologize for the limited updates over the last few months. I’ve been working hard getting my new landscaping venture off of the ground, and I’ve had little time for anything else.

Nearly seven years ago, way back in 2009, Keynesian economists were coming out of the woodwork to crow about the “green shoots” and the “V-shaped recovery” the Fed had engineered with its loose monetary policy. Today, in the latter part of 2015, nearly SEVEN YEARS of zero interest rates and trillions upon …

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The Great Immoderation: How the Fed Is Sowing the Next Recession

The Great Immoderation: How the Fed Is Sowing the Next Recession

By David Stockman of David Stockman’s Contra Corner.

In February 2004, Ben Bernanke famously declared the business cycle had been tamed and took a bow on behalf of enlightened monetary management, claiming it was the principal source of this beneficent development. Exactly 55 months later, of course, he terrorized the congressional leadership and a clueless president with the frightening proposition that a Great Depression 2.0 was just around the corner.

As to why he had been so stupendously wrong, Bernanke did not say. Nor did he explain why the brilliantly “stable” US economy had suddenly stumbled to …

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Solidus.Center Discusses the Fed with Senior Mises Fellows

Solidus.Center Discusses the Fed with Senior Mises Fellows

On a special broadcast on Kinetic HiFi radio, I discussed with Solidus.Center board members and Senior Mises Institute Fellows Mark Thornton and Walter Block the history of the Fed, how the Fed harms the average American, and how the monetary system would function if the Fed were abolished. (Click “read more” at the bottom of the post if the player doesn’t appear.)

 

Seth Mason, Charleston SC

 

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