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QE2
Today’s Wall Street Journal includes yet another confused article about U.S. monetary policy. Let’s briefly review what’s under discussion before dealing with the Journal’s issues. Fed chairman Ben...
View ArticleOperation Twist: The Fed’s QE3
Well, the FOMC didn’t call it QE3, but it’s pretty close. For those with short memories, QE1 and 2 were the “quantitative easing” programs in which the Fed purchased large quantities of...
View ArticleBen Bernanke Has One Request Before He’ll Return to Princeton
Ben Bernanke has one request before he’ll return to Princeton. And it’s really quite simple. Dr. Bernanke will be happy to return if the University will first fire Paul Krugman. Note that this is...
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