- © Richard S. Grossman and Unsettled Account, 2010-13. Unauthorized use and/or duplication of this material without express and written permission from Richard S. Grossman is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Richard S. Grossman and Unsettled Account with appropriate and specific direction to the original content.
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Tag Archives: Ben Bernanke
Wanted: Central Banker
A couple of weeks ago, the Economist magazine ran an unusual “help wanted” ad. The Governor of the Bank of England, Sir Mervyn King, will retire in June and the British government is looking for a replacement. On the one … Continue reading
Ben Bernanke is a much better economist than John Taylor
Writing in Thursday’s Wall Street Journal, John Taylor takes the Federal Reserve to task for its “interventionist” behavior. Taylor’s main complaint with the Fed’s conduct of monetary policy is that it is unstable and unpredictable (verging on the whimsical!). He … Continue reading
Posted in Financial Crisis, monetary policy
Tagged Alan Greenspan, Ben Bernanke, Federal Reserve, John Taylor, Paul Volcker
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The monetary musings of Gov. Rick Perry
Texas Governor and Republican presidential candidate Rick Perry, “…brought the Fed directly into the campaign debate Monday night by saying it would be ‘almost … treasonous’ for the central bank to play politics by expanding the money supply. “‘If this … Continue reading
Joe Queenan on core inflation
In a very entertaining piece in this weekend’s Wall Street Journal, Joe Queenen gripes about how economists measure inflation. He starts by lamenting the high cost of everything from gas, to bagels, to coffee. “You can imagine my surprise,” he … Continue reading
Posted in monetary policy
Tagged Ben Bernanke, core inflation, Federal Reserve, inflation, Joe Queenan, oil
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