Posts Tagged ‘ Federal Reserve ’

Bernanke: Fed still in throes of cranial-rectal inversion, but may pull it out soon

April 27, 2011
posted by

Bloomberg    

"Federal Reserve Chairman Ben S. Bernanke signaled the Fed will maintain its record monetary stimulus after ending large-scale bond purchases in June, while the need to contain inflation means further easing is unlikely." (04/27/11)

http://tinyurl.com/3o8532t  

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Galland: Major policy shift ahead

April 20, 2011
posted by

Casey Research Casey Research
by Louis James  

Interview: David Galland, Casey Research partner and managing editor of The Casey Report, sees a major shift in Federal Reserve policy ahead and has advice on how to invest accordingly. Time is short, so we’ve asked David to share his thoughts with us." (04/19/11)

http://tinyurl.com/3oco9oz  

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The Fed obliterates the savings ethic

April 13, 2011
posted by

Ludwig von Mises Institute Ludwig von Mises Institute
by Doug French  

"Depression babies learned early that 'saving for a rainy day' was not something one hopes to do but a requirement. The saying originated when most people worked on the farm. And when it rained, the fields were too wet to plow, and the farmer — not to mention the hired hands — made no money." (04/13/11)

http://mises.org/daily/5202/The-Fed-Obliterates-the-Savings-Ethic  

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The Fed defenders are getting desperate

April 10, 2011
posted by

Campaign For Liberty Campaign For Liberty
by Robert P. Murphy  

"As Ron Paul's 'End the Fed' movement grows, more and more Fed economists are speaking up on behalf of the central bank. In a recent post, David Andolfatto of the St. Louis Fed argues that the systematic debasement of the currency has had a negligible effect on the average American. As we'll see, Andolfatto's evidence is completely irrelevant to the question. The Fed and commercial banks have been ripping off everyone who uses dollars." (04/08/11)

http://www.campaignforliberty.com/article.php?view=1402  

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Life with the Fed: Sunshine and lollipops?

April 5, 2011
posted by

Ludwig von Mises Institute Ludwig von Mises Institute
by Thomas E. Woods, Jr.  

"We have heard the objection a thousand times: Why, before we had a Federal Reserve System the American economy endured a regular series of financial panics. Abolishing the Fed is an unthinkable, absurd suggestion, for without the wise custodianship of our central bankers we would be thrown back into a horrific financial maelstrom, deliverance from which should have made us grateful, not uppity." (04/05/11)

http://tinyurl.com/3l567l3  

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The Fed undermines foreign policy

April 5, 2011
posted by

Daily Paul
by US Rep. Ron Paul (R-TX)  

"We were told that bailing out banks was going to stave off a massive depression. Depression for whom? We now know that the Fed's bailout had nothing to do with helping the American people, who have gotten their depression anyway with continued job losses and foreclosures. ... perhaps the most staggering revelation is that quite a bit of money went to the Arab Banking Corp., in which the Libyan Central Bank owned about a third of its stock. This occurred while Libya, a declared state sponsor of terrorism, was under strict economic sanctions!" [hat tip -- Freedom's Phoenix] (04/04/11)

http://tinyurl.com/3p5frwn  

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The Fed and its lies

April 4, 2011
posted by

Campaign For Liberty Campaign For Liberty
by Anthony Gregory  

"Last month, Alan Greenspan told a House panel that the current financial crisis has shown he had 'made a mistake' in trusting the free market to regulate itself. As a true free marketer, I took offense at this. Here he was, the former head of the Federal Reserve, the governmental monopoly of the money supply, implying that what he had championed was free-market capitalism." (04/04/11)

http://www.campaignforliberty.com/article.php?view=1394  

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Fed, forced by court, releases lending details

March 31, 2011
posted by

Reuters    

"The Federal Reserve on Thursday released the names of banks that borrowed from its main emergency lending facility during the financial crisis after having run out of legal appeals to block publication. ... The Fed was forced to disclose details of its discount window lending after the U.S. Supreme Court last week let stand a lower court ruling that it do so, an action the Fed had fought." (03/31/11)

http://tinyurl.com/4sjmxwj  

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It’s called “inflation” when more dollars are needed to print more dollars

March 24, 2011
posted by

Heartland Institute
by Steve Stanek  

"Does anybody besides Federal Reserve Board Chairman Ben Bernanke really believe the U.S. economy is not suffering from increasingly serious inflation? Bernanke -- like the rest of us -- has seen soaring prices for precious metals, base metals, gasoline, diesel fuel, crude oil, and corn, wheat, and other foodstuffs. He has seen big increases in the nation's Producer Price Index and a record high in the United Nations Food Price Index, up about 25 percent in the past year." (03/23/11)

 

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Buncombe terrorism

March 23, 2011
posted by

J. Neil Schulman J. Neil Schulman @ Rational Review
by J. Neil Schulman  

"If there is such a thing as economic terrorism, it has been conducted without punishment by the financial elites who own and operate the Federal Reserve Bank. For the Department of Justice of the United States to overlook this mega-crime and prosecute a man whose goal was to enforce the law as written in the Constitution they have taken an oath to obey is an obscene reversal of fact and language. If there is such a thing as economic terrorism, the Federal Reserve is the economic equivalent of al-Qaeda, and its ravaging of the economy is the 9/11 of U.S. economic history." (03/22/11)

http://jneilschulman.rationalreview.com/2011/03/buncombe-terrorism/  

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SCOTUS upholds release of Fed bailout records

March 21, 2011
posted by

Bank Systems & Technology    

"The Supreme Court let stand Monday a ruling that the U.S. Federal Reserve must disclose details about its emergency lending programs to banks during the financial crisis in 2008. The justices rejected appeals by a group representing major commercial banks of last year's ruling by a U.S. appeals court in New York that required disclosure of the lending records." (03/21/11)

http://www.banktech.com/regulation-compliance/229301323  

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Fed’s Lockhart: Oil shock could lead to QE3

March 7, 2011
posted by

CNN Money    

"If oil prices continue to climb, it could force the Federal Reserve to make a new round of asset purchases, according to Atlanta Fed President Dennis Lockhart. Appearing at the National Association of Business Economics in Arlington, Va., Lockhart said that while he doesn't think additional purchases are currently warranted, more stimulus could be needed if oil prices continue to climb." (03/07/11)

http://money.cnn.com/2011/03/07/news/economy/Lockhart_Fed_QE3/  

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Extreme aggregation misleads macroeconomists and the Fed

March 2, 2011
posted by

Liberty & Power
by Robert Higgs  

"One error the Fed makes time and again is failure to recognize until it is too late that it has already built inflation into the system. So, we might well wonder whether the Fed is making that very error now. Several indicators suggest strongly that it is doing so." (03/01/11)

http://hnn.us/blogs/entries/137168.html  

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The Fed has failed: Money printing can’t create actual jobs

February 15, 2011
posted by

Freedom's Phoenix Freedom's Phoenix
by US Rep. Ron Paul (R-TX)  

"For the past three decades, the Federal Reserve has been given a dual mandate: keeping prices stable and maximizing employment. This policy relies not only on the fatal conceit of believing in the wisdom of supposed experts, but also on numerical chicanery." (02/14/11)

http://bit.ly/e80nwM  

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Toward sensible monetary policy

January 11, 2011
posted by

US Rep. Ron Paul (R-TX) Campaign For Liberty
by US Rep. Ron Paul (R-TX)  

"I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee, which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to ensure the Fed provides the American people with more information about what they have been doing with and to our money. Not surprisingly, since my chairmanship was announced, apologists for the Fed have been recycling the old canard about how increased transparency threatens the Fed's so-called political independence." (01/11/11)

http://www.campaignforliberty.com/article.php?view=1283  

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Fed up, again

December 21, 2010
posted by

Cato Institute Cato Institute
by Steve H. Hanke  

"With the onset of the financial crisis and the collapse of aggregate demand in the United States, the Federal Reserve reached for the standard textbook solution to stimulate demand. Indeed, the Fed pushed shortterm interest rates toward zero — a zone in which they have been trapped ever since. The textbooks tell us that these 'low' interest rates should have stimulated investment and given aggregate demand a big boost. The economy should be in a boom phase. But, it is barely holding its head above water." (12/21/10)

http://www.cato.org/pub_display.php?pub_id=12652  

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The smearing of Ron Paul

December 20, 2010
posted by

US Rep. Ron Paul (R-TX) LewRockwell.Com
by William L. Anderson  

"When the Republicans retook the U.S. House of Representatives last November, it meant that Ron Paul would be in line to chair the subcommittee that oversees the Federal Reserve System. Despite the intense lobbying by Ben Bernanke and others who loathed the prospect of Rep. Paul being able to subpoena them to appear before Congress and then to ask them pointed questions about their secret operations, the Republican leadership still gave Rep. Paul his rightful position. Obviously, the Usual Suspects on the Right and the Left are not happy ..." (12/21/10)

http://www.lewrockwell.com/anderson/anderson304.html  

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The Bennie that stole Christmas

December 20, 2010
posted by

Nolan Chart Nolan Chart
by Jim Quinn  

"When he makes his now regular appearances on 60 Minutes, [Ben Bernanke] tries to give the appearance of being someone concerned about the average American. The facts in the real world completely obliterate the lies he nervously mouths while answering softball questions underhanded to him by corporate media mouthpieces. His quivering lip and nervous ticks reveal his true nature. How could Bernanke blatantly take measures that destroy the lives of millions of Americans? Maybe Dr. Seuss had the answer ..." (12/20/10)

http://www.nolanchart.com/article8211.html  

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