Sounds like another academic.
Well, there you go.
Color me surprised...
In other words, an arrogant airhead.
Ya know. Republicans are starting to feel their oats by standing up to Obama, and with good results. Would it be too much to ask republicans to block this nomination, in favor of a stronger protector of the currency? I know, you don’t have to answer.
Do policy makers have the knowledge and ability to improve macroeconomic outcomes rather than make matters worse? Yes.[groan]
Unemployment is because they never print enough money for the poor, only for the rich.
The “Federal Reserve”. It’s not federal and there are no reserves.
Formed originally to protect a group of insider bankers who worried they might become obsolete.
Bitcoin is an interesting development.
At what point does one admit that the Fed, with Yellen right there, created the very problems we face today. They’ve abetted fiscal promiscuity via their interest rate settings. The economy didn’t just start in 2008. Are they at all culpable and if yes, why should we trust them again?
Summers bailed for a reason. Ben is going to sit back in retirement and point the finger at his successor for causing the collapse of the financial system.
We’re doomed. What else can the prognosis be for a country whose new Central Bank chairman spends her first day in the global spotlight announcing how much she likes inflation?