Lance on Jan 18 2008 | Filed under: Domestic Politics, Economics, Investing, Lance's Page, regulation
Chris asked what he thought the Federal Reserve could have done differently. I gave him an answer, but there was more to be said. My full answer is here. Scroll around, there is a lot more on the what could have been done, what might be done, and the general risks which now surround our [...]
Lance on Jan 17 2008 | Filed under: Economics, Lance's Page
Milton Friedman’s research partner, Anna Schwartz, goes after the federal reserve:
As rebukes go in the close-knit world of central banking, few hurt as much as the scathing indictment of US Federal Reserve policy by Professor Anna Schwartz.
The high priestess of US monetarism - a revered figure at the Fed - says the central bank is [...]
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