Posts Tagged ‘ bernanke ’

Ben Bernanke Considers Your Happiness and Security Expendable

Mar 29th, 2012 | By | Category: Featured, Macro Economics
"Ben Bernanke the money bomber has resorted to delivering his anti-gold, pro-fiat sermons to captive audiences on US college campuses," writes Dan Denning of The Daily Reckoning Australia. That's right. Bernanke is taking his easy money message to the streets. According to Bloomberg: "Now that the weather is nice, I'm half-expecting Ben ...read more


The Federal Reserve Is Why You Can’t Afford Food And Gas

Jun 24th, 2011 | By | Category: Economics, Featured, Macro Economics
The Federal Reserve is supposed to promote full employment and stable prices, yet its actions cause jobs to disappear and prices to rise. This should come as no big surprise, at least it shouldn't if you're not inclined to think government intervention is either desirable or productive. The Fed is ...read more


Intellectual Inertia and Keynesianism

Jun 13th, 2011 | By | Category: Featured, Macro Economics
Anarchists face many challenges establishing a state-free society. One of the main challenges we face is the fact that an idea that is widely held will continue to be widely held. This intellectual inertia causes false, pro-state ideologies to be established and propagated long after they have been disproved. An ...read more


Gaming Imaginary Money

Mar 1st, 2010 | By | Category: Featured, Morning Whiskey
Tuesday the Fed auctioned off another $37 billion in 4-week T-bills. My first thought was that this is reminiscent of "payday loans" shops, except the rate of interest is far lower when the question is, "Buddy, can you spare $37 Bil' until next month?" but the mechanics were very interesting ...read more


Time Magazine Blunders with Bernanke

Jan 7th, 2010 | By | Category: Featured, Macro Economics, Politics
You can usually count on Time magazine to get things backwards, and they missed in a big way with their selection of Ben Bernanke as “Person of the Year” for 2009. Bankster Ben was wrong, wrong, and wrong again in his Federal Reserve policies and prognostications, with the result being ...read more


Bernanke to Keep Blocking the Free Market

Sep 1st, 2009 | By | Category: Featured, Macro Economics
Damned if he does; damned if he doesn't. Last week, Ben Bernanke got the nod for another stint as head of the world's most important central bank. Yes, he completely misunderstood the implications of the hugely negative US trade balance, believing that America did the world a favor by spending its ...read more


Capital Spending: Myth and Reality

Apr 3rd, 2007 | By | Category: Macro Economics
In what should be no surprise to readers of this column, BusinessWeek is talking about "The Real Economic Threat: Weak Capital Spending": "Business outlays for new equipment and facilities have slowed sharply over the past year. That's important because when businesses expand their operations they also add to their payrolls. Job ...read more