Jesse's Café Américain

"what should you do to avoid being an idiot or a swine? Merely this: You should do something great, you should lay aside all the foolishness of a more of less long existence, you should become resigned to the fact that you will seem ridiculous to a race of janitors and bureaucrats if you are to enter the service of Splendor. Then you will know what it means to be the friend of God. The friend of God!"

Léon Bloy

Showing posts with label Bernanke Fed. Show all posts
Showing posts with label Bernanke Fed. Show all posts
30 January 2013

FOMC January 2013 Statement

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"The foundations of the Maginot Line were the war cemeteries of France." Vivian Rowe, The Great Wall Of France , 1959 Nothing ...
24 January 2013

Bernanke's Hammer: When You Have a Printing Press, Everything Looks Like a Monetary Transaction

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"I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail." Abraham Maslow...
26 August 2011

A House Divided: A Synopsis of Bernanke's Speech at Jackson Hole, and What It Means

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When listening to a speech like this, one has to remember who is speaking and under what conditions. A Fed Chairman has a thousand watt me...
22 December 2009

Quantitative Easing: the Opiate of the Banks

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Much is being made of Bernanke's program of quantitative easing, which is nothing more than an extreme form of artificially low rates of...

The Bernanke Fed

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As the maestro, Greenspan, was ultimately shown to be greatly mistaken, perhaps even a fraud, so eventually Ben Bernanke also will be shown ...
18 December 2009

Ron Paul On Bernanke and the Fed

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