In other words, rather than excess money creation as the cause of rising prices, she focuses on the unemployment rate, the volume of new jobs being created, and the growth of the overall economy. For Ms. Yellen, inflation is caused by …
So, in a desperate search for votes, is Bernanke going around the Hill making easy-money promises? Even easier money than we have had in the last year? A Wall Street Journal editorial on Monday opposing Bernanke’s nomination is spot on. …
Kudlow’s Money Politic$. Pro-growth, strong defense, virtuous values, business, and stocks. Tuesday, January 12, 2010. Bernanke’s Days May Be Numbered. Will Fed Vice Chairman Donald Kohn replace Ben Bernanke? It’s certainly possible …
And somewhere in that mix of opposition — led by senators Richard Shelby, Jim DeMint, Jim Bunning, and others — Republicans are gradually moving back to a Ronald Reagan–type, King Dollar, hard-money position that is in strong contrast …
The public has a right to know, especially since Bernanke (as Alan Greenspan’s right-hand man) was instrumental in creating the easy-money housing and energy bubble that sank the economy, and since Bernanke (as Fed chairman) has …
Addicted to Easy Money? In an interview with CNBC’s Maria Bartiromo yesterday, Richmond Fed president Jeffrey Lacker refused to offer any clear sign as to when the central bank might finally end its zero-bound policy and begin raising …
For whatever reason, stocks sold off yesterday afternoon — right after the Fed signaled easy money for as far as the eye can see. To quote the Fed: “exceptionally low levels of the federal funds rate for an extended period. …
But it sounds like he learned a lot about the Fed’s cheap-money policies at the time. Those policies drove down the dollar for years and resurrected inflation, and they’re what killed the incentive effects of the Bush tax cuts and their …
Kudlow’s Money Politic$. Pro-growth, strong defense, virtuous values, business, and stocks. Thursday, September 10, 2009. The Government-Insurance Option Is Dead. The day after President Obama’s impassioned speech for big-government …
A hugely important story from Ambrose Evans-Pritchard of the London Telegraph that China is alarmed by U.S. money-printing has helped drive the dollar price of gold over $1000, at least temporarily, and drive down the exchange rate of …
