Posts Tagged ‘Fed’

QE is a Mistake—a Big One

by Allan H. Meltzer, Carnegie Mellon University and Hoover Institution With $2.5 trillion sitting idle on bank balance sheets and more than $2 trillion additional sitting on corporate balance sheets, we should expect the Federal Reserve to ask: What can more quantitative easing—QE—do that banks and...
February 26th, 2014 | Popular Articles, Resources | Read More

Prof. Bernanke’s Monetary Mess

By Steve H. Hanke             Most who have graded Prof. Ben Bernanke’s twelve years at the Federal Reserve have issued marks which range from A to a gentleman’s C. I think those marks are much too generous. Indeed, I think a failing mark would be more appropriate. In the ramp up to Britain’s...
January 22nd, 2014 | Popular Articles, Resources | Read More

Yellen, the Hawk?

  By Steve H. Hanke This article appeared in the November 2013 issue of Globe Asia.   Well, it’s official. President Obama has picked Janet Yellen as his nominee to be the next Federal Reserve Chairman. In the months leading up to this announcement, the press unanimously dubbed Yellen the...
October 29th, 2013 | Popular Articles, Resources | Read More

Little Difference Between Monetary Activists Yellen, Summers For Top Fed Post

By JEFFREY BELL AND RICH DANKER There is thought to be a pitched battle raging within the White House over President Obama’s pick to succeed Federal Reserve Chairman Ben Bernanke when his term expires early next year. Bernanke’s deputy Janet Yellen is the liberal favorite for her vocal position...
September 3rd, 2013 | Popular Articles, Resources | Read More

What will stop the Fed?

by Alex Chafuen Central Banks have been tools to destroy rule of law in many countries. “The most secretive organization in America operates without any accountability to the American people. Hiding in the shadows, pretending to be part of the United States government, its power is beyond measure.”...
July 10th, 2013 | Popular Articles, Resources | Read More