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Showing posts with label Monetary Policy. Show all posts
Showing posts with label Monetary Policy. Show all posts

Monday, November 21, 2011

Tuesday, November 1, 2011

Christina Romer tells Bernanke this is his "Volcker moment".


http://www.nytimes.com/2011/10/30/business/economy/ben-bernanke-needs-a-volcker-moment.html?_r=1

Romer writes that money stock targeting died "because of instability in the relationship between money growth and the Fed’s ultimate objectives." Maybe I missed it but nominal income targeting has the same set of hurdles.


Steve Williamson does not think it is such a hot idea.
http://newmonetarism.blogspot.com/2011/10/christina-romer-on-ngdp-targeting.html

Wednesday, September 21, 2011

Will the real Barney Frank please wiggle your ears?



What's wrong with dissent? Barney Frank blew up the housing market and now he wants us to go on an endless trip up the Phillips curve I guess. Wanting to give the president four more appointees to the FOMC reminds me of Roosevelt trying to pack the supreme court. Some one please stop this jack ass from further damaging our country.

http://online.wsj.com/article/SB10001424053111904194604576580783827647622.html?mod=WSJ_Opinion_AboveLEFTTop

http://blogs.wsj.com/economics/2011/09/12/barney-frank-takes-on-fed-district-presidents/?mod=djemRTE_t

Thursday, September 8, 2011

This is totally uncalled for....


This happened while I was out sick. All I have to say is for Christ's sake will you stop that crap! It really is not very presidential, especially when you don't know the difference between the monetary base and the money supply. I don't think QE3 is a very good idea either but I am not going to suggest pistols at dawn to Ben Bernanke if he does go ahead with it.

News Flash to Governor Perry!!!! Ben Bernanke is not the issue. Monetary Policy is not our ticket out. You will not be running against Ben Bernanke if you get the nomination. Know thine opponent!




http://blogs.wsj.com/washwire/2011/08/15/perry-warns-bernanke-it-could-get-pretty-ugly-in-texas/

Wednesday, September 7, 2011

A Little Less than One Month Out



Hi all. I'm back and 90% of my old self. Soon to be 100% I hope though the doctor (and my wife who is a nurse) says it will take some time to completely shake the effects. Anyway I wanted to remind all you good people out there that I have put together this symposium on the Economy and Monetary Policy and you are invited. If you are a member of the Eastern Carolina business community and wish to participate in the lunchtime presentation at Greenville Country Club we would love to have you. Please see the accompanying flyer. We will also repeat this program the evening of October 3, 2011 in Hendrix Theatre on the campus of ECU at 7pm and it is free to the general public. I hope you will be able to attend.

Have a great day,

Randy Parker