Tag Archive : Monetary Policy

Unlimited QE or the Willy Wonka Money Factory

Financial crises recur in part because memories fade.” – Ben S. Bernanke, Timothy F. Geithner and Henry M. Paulson Jr in “Firefighting: The Financial Crisis and Its Lessons.”

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis told CBS’s “60 Minutes” that “there is an infinite amount of cash in the Federal Reserve. We will do whatever we need to do make sure there’s enough cash in the banking system.”

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Quantitative Easing is the New Normal: The Rise of the Free Lunch Theory of Money

Central bank independence is dead, according to Foreign Policy, though the publication notes that the U.S. Congress has yet to get the message. 

A recent survey demonstrates how 61 percent of former central bankers surveyed around the world believe central banks will become less independent in the future.

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