Money and Finance
- Federal Reserve Releases 2008 Meeting Transcripts
Link to: FOMC: Transcripts and Other Historical Materials, 2008 ............... It may also be worthwhile to go back and review some of the Financial Crisis Inquiry Commission testimonies HERE. ...
- Richard Fisher Interview Excerpts
Via ValueWalk: On recent reports from the San Francisco Federal Reserve that suggest bond buying and money printing has a very minimal effect on the GDP: “I argued that when I argued against this program so I am happy to see and they have one...
- Professor Steve Keen: The Debtwatch Manifesto
The fundamental cause of the economic and financial crisis that began in late 2007 was lending by the finance sector that primarily financed speculation rather than investment. The private debt bubble this caused is unprecedented, probably in human history...
- Special Report: The Watchdogs That Didn't Bark
Found via The Big Picture. (Reuters) - Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing....
- Finance News Network Interviews Steve Keen
Lelde Smits: Hello, I’m Lelde Smits for the Finance News Network. Joining me today to cast some light on the global debt situation is Associate Professor of Economics and Finance, Steve Keen. Steve, welcome back to FNN. Now debt has been in the headlines...
Money and Finance
Into oblivion with an oblivious Fed – by Steve Keen
One of the beauties of the modern age is that documents that once would have been either inaccessible, or taken years of sleuthing to locate, are now readily downloadable from the Web. One such set of documents is the transcripts of the meetings of the US Federal Reserve's Federal Open Market Committee in 2007, all of which have now been released.
Everyone who wants to understand why we’re now mired in a permanent economic slump should read these documents – not because it will explain the slump itself, but because it confirms that those who were supposed to ensure that such calamities didn’t occur were clueless about the approaching crisis.
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Related link: FOMC: Transcripts and Other Historical Materials, 2007
- Federal Reserve Releases 2008 Meeting Transcripts
Link to: FOMC: Transcripts and Other Historical Materials, 2008 ............... It may also be worthwhile to go back and review some of the Financial Crisis Inquiry Commission testimonies HERE. ...
- Richard Fisher Interview Excerpts
Via ValueWalk: On recent reports from the San Francisco Federal Reserve that suggest bond buying and money printing has a very minimal effect on the GDP: “I argued that when I argued against this program so I am happy to see and they have one...
- Professor Steve Keen: The Debtwatch Manifesto
The fundamental cause of the economic and financial crisis that began in late 2007 was lending by the finance sector that primarily financed speculation rather than investment. The private debt bubble this caused is unprecedented, probably in human history...
- Special Report: The Watchdogs That Didn't Bark
Found via The Big Picture. (Reuters) - Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing....
- Finance News Network Interviews Steve Keen
Lelde Smits: Hello, I’m Lelde Smits for the Finance News Network. Joining me today to cast some light on the global debt situation is Associate Professor of Economics and Finance, Steve Keen. Steve, welcome back to FNN. Now debt has been in the headlines...