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Monetary Policy and the Great Inflation in the United States: The Federal Reserve and the Failure of Macroeconomic Policy, 1965-1979

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United States Federal Reserve



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+Vote!

Why This Economic Recovery is Destined for Disaster

A most revealing comment was made today by The Maestro, Alan Greenspan, speaking at a conference in Alberta on energy and the global economy: We have been very fortunate that the stock markets moved back and are re-liquifying the whole process. He pointed to the “wealth effect” created by a rising stock market, especially when investors cash in their capital gains. In olden times, before...

11Vote!

Oops -- Cramer's October 12 Unemployment Prediction: 'We Are Not Going to Reach 10 Percent'

Drinking the Kool-Aid on MSNBC wasn't enough, even for CNBC's Jim Cramer, to escape the reality that Obamanomics isn't working. Back on October 12, Cramer, to his credit, knew there were some problems with the $787-billion stimulus passed earlier this year. However, he felt it was necessary to pledge his admiration for President Barack Obama, Treasury Secretary Timothy Geithner and Federal Reserve...

5Vote!

Fed Surrounded by FBI

November 6th, 2009 - Washington, DC Thousands of FBI agents surrounded the Fed Reserve headquarters in Washington, New York, Boston, and all the other branches of the FED today with warrants for the arrest of most of the upper management including Ben Bernanke. Ben Bernanke was seen being led to an FBI transport vehicle in handcuff and appeared to be crying. FBI Agents confiscated all of the computers...

5Vote!

RE: Banks Prepping for Kibosh (2) Old Congressional poker foes resurface

via the PPA … Sen. Jon Kyl (R-AZ) and Rep. Spencer Bachus (R-AL) have submitted their petition asking Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke to ignore requests seeking to delay enforcement of the UIGEA. [DC] Bachus Kyl Letter (11/03/09) Related Posts Banks Prepping for Final Kibosh on Online Poker Payments? (0) Online Poker Needs [...]

5Vote!

A Short-Sighted Cheer for Easy Money

Wall Street loves easy money. That’s what I conclude from today’s 200-point stock market rally, which started early and gathered force, pushing the Dow back over 10,000 at the close of trading. Oddly enough, stocks roared at yesterday’s opening by nearly 150 points, a response to the GOP sweep in New Jersey and Virginia. The government’s health-insurance takeover plan looks...

5Vote!

Florida 8: A Lesson on How Not to Win Re-Election

By Stuart Rothenberg After almost 30 years doing this, I shouldn’t be surprised by anything Members of Congress do. But even I was taken aback when Rep. Alan Grayson (D-Fla.) referred to an adviser to Federal Reserve Chairman Ben Bernanke as a “K Street whore.” Democratic colleagues called the comment “absurd” (Rep. Bill Pascrell of New Jersey) and “inappropriate”...

3Vote!

The Federal Reserve’s Chicago Extortion Thug Tactics With Banker Salaries–Wage and Price Controls Next? Time To End The Fed!

Fed to Regulate Bank Salaries Glenn Beck-11-04-09-A Glenn Beck-11-04-09-B Glenn Beck-11-04-09-C Glenn Beck-11-04-09-D Glenn Beck-11-04-09-E Glenn Beck-11-04-09-F Peter Schiff – Tax Credits, Federal Reserve & Interest Rates The Federal Reserve is acting as a tyrant. The Fed Chairman Ben Bernanke is acting just like former Fed Chairman Arthur Burns: Ron Paul: The Big Guns Have Lined Up Against...

3Vote!

Sharemarket lifts early

The New Zealand sharemarket rose in early trading, after the United States Federal Reserve said it would keep interest rates near zero for "an extended period" .Among leading shares in this country Fletcher Building gained 6c...

3Vote!

Bernankeism - the art of spreading starvation

Bernankeism - the art of spreading starvation Ben Bernanke, from well before he was appointed United States Federal Reserve chairman, guided the US and global economies increasingly towards a world in which speculators profited and the masses went hungry. Worse is still to come. - Hossein Askari and Noureddine Krichene http://www.atimes.com/atimes/Global_Economy/KK05Dj02.html

3Vote!

Bernankeism - the art of spreading starvation

Ben Bernanke, from well before he was appointed United States Federal Reserve chairman, guided the US and global economies increasingly towards a world in which speculators profited and the masses went hungry. Worse is still to come. - Hossein Askari and Noureddine Krichene

3Vote!

THE BEAR'S LAIR : Bernanke learns from the wrong crash

United States Federal Reserve chairman Ben Bernanke, noted as a specialist on the 1929 market crash and the Great Depression, would be better off looking at other financial disasters over the centuries for lessons more pertinent to the present crisis. - Martin Hutchinson

6Vote!

A Lesson on How Not To Win Re-Election in Florida's 8th District

After almost 30 years doing this, I shouldn't be surprised by anything Members of Congress do. But even I was taken aback when Rep. Alan Grayson (D-Fla.) referred to an adviser to Federal Reserve Chairman Ben Bernanke as a "K Street whore." Democratic colleagues called the comment "absurd" (Rep. Bill Pascrell of New Jersey) and "inappropriate" (Majority Leader Steny Hoyer...

5Vote!

LewRockwell.com on Fiat Money

"Every paper currency in history eventually reaches its intrinsic value – zero – and the Fed’s Ben Bernanke is doing all he can to see that the dollar becomes worthless sooner rather than later," writes Doug French — Dollar Meltdown . "As Marc Faber told an investment conference crowd recently, Zimbabwe’s serial inflator Robert Mugabe is Bernanke’s...

3Vote!

So does that make Bernanke a “Pimp”?

“Rep. Alan Grayson hurled an insult at Linda Robertson last month on the “Alex Jones Show,” a syndicated talk radio program, while discussing the Fed’s resistance to stronger congressional oversight. Robertson is a former top Enron lobbyist and Clinton administration adviser who was hired by Fed Chairman Ben Bernanke this summer to help with congressional relations,”...

4Vote!

Audit the Fed / Ratchet Up The Pressure

October 29, 2009 Dear Patriot, Ben Bernanke and his Federal Reserve bankster cronies must be shaking in their overpriced shoes. Despite an unprecedented PR blitz... ...Despite the national media’s laughable “official storyline” that the folks responsible for causing the economic...