Tag: Fed

Photo by KJGarbutt

Beware, Dissenter To The Monetary Regime

In a cry of desperation, Tim Duy takes to Bloomberg to warn the world about the possibility of “hard-money” advocates getting into the Fed. Why, there’s potential that new Fed governors might not be “divorced from political pressures.” Wouldn’t that […]

The Fed Threw In The Towel – Here’s Why

The Fed Threw In The Towel – Here’s Why

Promoting economic growth and employment is one of the Fed’s core missions, assigned to it by Congress in (I believe) 1974. It was a triumph of Keynesian thought over Hayek’s beliefs; and despite all evidence to the contrary, most market […]