I’m still at the Liberty Camp in Slovenia, doing my best to teach young Europeans about the importance of individual liberty, free markets, and small government. (also doing a bit of sightseeing, as you can see from the pictures below) This morning, one of the other presenters showed a short video taken from the first-rate [...]
Archive for September 22nd, 2011
America Needs a Ludwig Erhard
Posted in Free Markets, Germany, Government intervention, Price Controls, tagged Free Markets, Germany, Government intervention, Ludwig Erhard, Price Controls on September 22, 2011 | 4 Comments »
The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String
Posted in Bernanke, Easy money, Economics, Federal Reserve, Monetary Policy, tagged Ben Bernanke, Easy money, Economics, Federal Reserve, Monetary Policy, Paul Volcker on September 22, 2011 | 22 Comments »
Welcome Instapundit readers: If you want a longer-term perspective on the Fed’s misdeeds, this George Selgin analysis is highly recommended. ===================================================== In a move that some are calling QE3, the Federal Reserve announced yesterday that it will engage in a policy called “the twist” – selling short-term bonds and buying long-term bonds in hopes of [...]
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