Federal Reserve

Archive for Federal Reserve

Are You Ready for Bretton Woods II?

A lot of people think I’m nuts for claiming that the only sensible explanation for Bernanke’s policies, is that he’s setting up the dollar for a crash to be replaced by some other currency. Does it help my case that George Soros’ Bretton Woods II conference starts in two weeks? Here’s an excerpt from the […]

Murphy Discusses the Ber-Nank with the Judge

Watch the latest video at video.foxbusiness.com Check out how the producer described me in the pop-up graphic. What is right-wing TV coming to these days? Bill Buckley must be rolling over in his grave.

Paul Krugman Agrees With Bob Roddis For Once

Details here. Bye bye, Modern Monetary Theory.

Nashville Broadcasters Are a Subversive Bunch

Tonight I’m going to be on FreedomWatch with Judge Napolitano. (Check your local listings!) I kid you not, when the camera guy was setting me up, he said, “I saw your YouTube on green jobs, good job.” He was excited when he learned we were doing Napolitano’s show. Then after the segment, the guy in […]

Should It Concern Me that Farrakhan Reads My Stuff?

Robert Wenzel links to this amazing speech by that guy. Of course I’m kidding in the post title; my point is that I thought the circles in which I travel had a unique angle on this stuff, but nope. It should go without saying, but let’s not take chances: Just because I am surprised by […]

The Fed Is Driving Me Crazy

And not how you think. I mean because I have to read articles that defend Bernanke like this (HT2 LRC): Bernanke in Testimony Can Prove to Ron Paul How QE2 Works in Free Markets The next time Federal Reserve Chairman Ben S. Bernanke appears before Congress, here are a few visual aids he can use […]

It’s Good to Have a Printing Press

I came across these figures for a Mises.org article. I hadn’t seen them reported: The Federal Reserve Board on Monday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $78.4 billion of their estimated 2010 net income of $80.9 billion to the U.S. Treasury. This represents a $31.0 billion increase […]

Ac-cent-tchu-ate the Positive: The Fed’s Obscure Rule Change

Today at Mises I walk through my understanding of the Fed’s January 6 accounting rule change. My take is that the Fed’s description sounded like no big deal, because they implicitly focused on the treatment of earnings. What they didn’t mention was that their rule change shielded them from losses. One thing: Some analysts have […]