Janet Yellen, the current Vice-Chair of the Federal Reserve is rumored to be next in line to replace “Helicopter” Ben Bernanke. This is troubling because, as a committed Keynesian, she is a big fan of inflation as a way to lesson the pain of unemployment. Indeed, she is–as many others are–convinced that inflation causes small […]
Archives
-
-
Bernanke–the best inflation fighter ever?
28 Feb 2013
That’s at least what Mr. Bernanke suggests when challenged by Senator Corker during congressional testimony on Tuesday: Perhaps its true, IF the measure of inflation we should be concerned about is the rate of change of CPI. But there are at least two ways to criticize this way of thinking, in addition to the serious […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach