Let Me Strongly Agree with Ben Bernanke on the Wall Street Journal Editorial Page: It Is and Has Long Been a Clown ShowOver at Equitable Growth: Ben Bernanke: WSJ Editorial Page Watch: The Slow-Growth Fed?: “The Wall Street Journal… argue[s]…
Don’t Be Fooled By Our Current Price Stabilityby Frank Shostak, Mises Institute.The yearly rate of growth of the personal consumption expenditure (PCE) price index adjusted for food and energy stood at 1.3 percent in June — the same figure as in May. Note that on…
Weekend Reading: Ben Bernanke: Monetary Policy in the FutureBen Bernanke: Monetary Policy in the Future: “The FOMC has given the public extensive guidance… setting a symmetrical inflation target of 2 percent and reporting each quarter FOMC participants’ estimates of the sustainable…
Morning Must-Read: Ben Bernanke: Should monetary policy take into account risks to financial stability?: “In light of our recent experience, threats to financial stability must be taken extremely seriously…