by Jane Richey | Mar 24, 2012 | Fiscal Responsibility
Inflation could rise as high as 15 percent by late next year or early 2014, says the American Institute for Economic Research, if the Federal Reserve is unable to drain more than 25 percent of the reserves in the banking system. Steven Cunningham is director of...
by Jane Richey | Mar 8, 2012 | Fiscal Responsibility, Free Markets
Recent decisions by the Federal Reserve, intended to keep interest rates low, will hurt taxpayers in the future, according to Duquesne University economist Antony Davies. The Fed bailed out financial institutions in 2009, and chairman Ben Bernanke has continued to...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The Federal Reserve’s relationship with Congress is growing more complicated as lawmakers second-guess its decisions and look to impose reforms. On Monday, the Fed will again face congressional scrutiny, as Rep. Kevin Brady (R-Texas) unveils a sweeping bill aimed at...
by Jane Richey | Mar 3, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Don’t worry, America — Europe and the global economy will be just fine within a few years. This was the final message heard by a group of over three hundred financial professionals, delivered in a presentation by a chief economist of a very large and...
by Jane Richey | Mar 1, 2012 | Fiscal Responsibility, Free Markets, Politics
Congress risks taking the economy over a “massive fiscal cliff,” Federal Reserve Chairman Ben Bernanke warned lawmakers on Wednesday. In remarks that hit Wall Street stock prices, the central bank boss suggested the economy could hit a serious roadblock if Congress...
