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Bernanke Talks, Markets Wobble. There Should Be a Higher Means Rep. Kevin Brady’s Centennial Financial Fee initiative would possibly level towards a helpful coverage overhaul. Since Federal Reserve Chairman Ben Bernanke testified earlier than Congress’s Joint Financial Committee Wednesday morning,…
The Excessive Value of Financial Coverage Uncertainty America’s financial restoration has been gradual by historic requirements. Development has been gradual, unemployment stubbornly excessive, and “inexperienced shoots” have wilted quick. If you happen to take heed to some, equivalent to Paul…
Barack Obama’s Nixonian Fed Decide Janet Yellen, President Obama’s decide to go the Federal Reserve, has been praised for her scholarly work as a Berkeley professor. However, some worry she will probably be smooth on inflation. For these Individuals nonetheless…
With Keynesian Yellen at Fed, Count on Extra of the Identical Janet Yellen, President Obama’s choice for chair of the Federal Reserve Financial institution, will doubtless sail by way of the affirmation course of. Many Individuals count on the high-profile…
President Obama Faces a Larger Ticking Time Bomb than Obamacare Itself A lot of the media’s vitality and focus over the previous few months has been on 2010’s Reasonably priced Care Act and its problematic roll-out, with its ensuing meant…
Will New Fed Chief Push Inflation? Janet Yellen, who succeeded Ben Bernanke as chairman of the Federal Reserve on Feb. 3, is the primary girl to move the central financial institution in its 100-year historical past. However that’s a distraction.…
The Financial Abomination of Accredited Buyers America, Canada and the European Union (amongst others) shell out funding privileges to the wealthy to allow them to turn out to be richer, and the typical particular person can’t. In spite of everything,…
Central Planning Failure and the Nice Recession With the U.S. unemployment fee nonetheless over 6 % and the labor power participation fee at its lowest degree since 1978, the Nice Recession hardly appears a factor of the previous. That requires…
Let the Ex-Im Financial institution Fail Neither you nor I can open an account on the Export-Import Financial institution in Washington, however main U.S. exporters and international patrons of these exports can and have. The record of the financial institution’s…
What If Janet Yellen Is Fallacious? The chairwoman of the Federal Reserve, Janet Yellen, delivered her semi-annual financial coverage report back to Congress this week, displaying her common command of the theoretical reasoning behind the Fed’s ultra-low curiosity insurance policies.…