by Jane Richey | Sep 1, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to “help” the still-struggling U.S. economy. His remarks seemed to leave two questions: What exactly will the Fed do? And when? It’s no longer a matter of “if.” It’s going to...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...
by Jane Richey | Jul 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about where the U.S. economy is heading. Bernanke told members of Congress that recent economic data points...
by Jane Richey | Jun 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Some Federal Reserve Bank presidents and governors are talking about the possibility of further action to encourage growth in the economy. What planet are they on? Fed action can only influence nominal variables at this point in the cycle — not real variables such as...
by Jane Richey | Jun 5, 2012 | Constitutionally Limited Goverment, Free Markets
With five months left until Election Day, Ben Bernanke and the Federal Reserve must weigh whether to launch another round of stimulus that could spur the economy but invite charges of politicking for President Obama. The central bank’s reputation, tested by the...