To put it mildly, the Federal Reserve has a dismal track record. It bears significant responsibility for almost every major economic upheaval of the past 100 years, including the Great Depression, the 1970s stagflation, and the recent financial crisis. Perhaps the most damning statistic is that the dollar has lost 95 percent of its value [...]
Archive for the ‘Inflation’ Category
End the Fed: More than Just a Bumper Sticker Slogan?
Posted in Bernanke, Easy money, Economics, Federal Reserve, Inflation, Monetary Policy, Video, tagged Ben Bernanke, Central Banking, Easy money, Economics, Federal Reserve, Free Banking, Inflation, Monetary Policy, Ron Paul, Video on March 21, 2011 | 20 Comments »
Savage New York Post Column on How Obama Economic Policy Is Causing Global Concern
Posted in Big Government, Debt, Deficit, Easy money, Federal Reserve, Government Spending, Inflation, Monetary Policy, Obama, tagged Big Government, Debt, Deficits, Easy money, Federal Reserve, Government Spending, Inflation, Monetary Policy, Obama on November 15, 2010 | 2 Comments »
I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of easy money and deficit spending. I note that other nations often are guilty of the same mistakes, but that’s no excuse for America sinking to [...]