tag:blogger.com,1999:blog-5713178645208582139.post1117497375556586600..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Monetary Policy Quote of the DayDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5713178645208582139.post-84851999507899906602010-01-04T21:24:17.038-06:002010-01-04T21:24:17.038-06:00What I gathered from the Wessel book was that frig...What I gathered from the Wessel book was that frighteningly few people on the FOMC have any desire to think through monetary policy. Several were against cutting rates in 2008, none seem to want to think outside their small box. Bernanke seems to just deal with them as he has to. <br />It's a shame. "Helicopter Ben" has basically become "status quo Ben.Justin D. Tapphttps://www.blogger.com/profile/12618278252714742391noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-36831006149756694252009-12-25T23:56:18.932-06:002009-12-25T23:56:18.932-06:00David,
How does this jive with the fact that gold...David, <br />How does this jive with the fact that gold, copper, grains, oil, and just about every other commodity have at least doubled since 2000? Most of these items have tripled. (I wont even get into housing). I think the only conclusion to the price increases is that the inflation "forcasts" have been wrong, very wrong.TexanNavyhttps://www.blogger.com/profile/15473969454552606499noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-38903528651333182892009-12-18T20:47:08.258-06:002009-12-18T20:47:08.258-06:00Yea! John McCain has apparently introduced a bill ...Yea! John McCain has apparently introduced a bill in the Senate to bring back some form of Glass-Steagall. Not sure if it has any realistic chance of passing, but at least reform is on the radar.<br />Financial reform can help to constrain the variant of real business cycles induced by malign financial innovation.ECBnoreply@blogger.com