Monetary policy (page 6)

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    Barron’s writer worries about a different kind of ‘scary clown’

    Randall Forsyth of Barron’s documents the dangers posed by “scary clowns,” but not the ones that have been creeping up in recent news reports. It’s a plague that besets our nation, threatening our peace, the safety of our children, indeed our well-being. I speak,…
    Mitch Kokai, October 10, 2016
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    Forbes foresees ‘reckoning’ for central banks

    Steve Forbes‘ contribution to the latest issue of Forbes magazine focuses on the role central banks have played in hurting economic growth. THE BIGGEST, most immediate obstacle to a vigorous recovery for the U.S. and global economies is the disastrous monetary policies of the…
    Mitch Kokai, September 30, 2016
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    Forbes touts a book that counters Keynesianism

    Steve Forbes reviews for the latest issue of Forbes magazine a book that challenges key misguided assumptions of Keynesian thought. JOHN TAMNY’S LATEST effort, Who Needs the Fed? (Encounter Books, $25.99), with its seemingly simple but profound insights, will fundamentally reshape how monetary…
    Mitch Kokai, July 18, 2016
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    A central banker’s take on banking woes

    Michael Lewis details for Bloomberg Businessweek readers the latest observations from former Bank of England Governor Mervyn King. King’s starting point is that the 2008 crisis wasn’t an anomaly but the natural consequence of bad incentives that are still baked into money and banking…
    Mitch Kokai, May 9, 2016
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    Another provocative tome from George Gilder

    Forbes publisher Rich Karlgaard offers praise for the latest book from George Gilder, The Scandal of Money. Gilder’s book ponders the brave new world of Bitcoins and other encrypted digital currencies. Gilder’s crucial point is that the U.S. made a…
    Mitch Kokai, April 29, 2016
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    Trouble lurking for Chinese economy

    Those who laud the Chinese communists’ heavy-handed control of that nation’s economy will find little to like in Randall Forsyth‘s latest report for Barron’s. CHINA IS ANOTHER MARKET that has rebounded with the help of the authorities. But, according to Anne Stevenson-Yang, it amounts…
    Mitch Kokai, March 28, 2016
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    Fed watchers on guard

    Joseph Lawler reports for the Washington Examiner on reaction to this week’s meeting of top Federal Reserve officials. When Janet Yellen and her Federal Reserve colleagues announce their monetary policy decision this week, investors will be looking closely for one phrase: “Nearly balanced.”…
    Mitch Kokai, March 16, 2016
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    Forbes dissects the war on cash

    Steve Forbes devotes a Forbes magazine column to the attack on large-denomination paper money. GAINING ATTENTION these days is the idea of abolishing high denominations of the dollar and the euro. This concept graphically displays the astonishing stupidity–and intellectual bankruptcy–of today’s liberal economic policymakers…
    Mitch Kokai, March 11, 2016