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Tag: "inflation"

Big Think – if I were Chairman of the Fed

by Asher B. Edelman This is an adapted transcript of an interview of Asher Edelman with bigthink.com of July 28th. If I were Chairman of the Fed right now, I would try to instruct the President, his advisors and Congress that monetary easing alone, or monetary policy alone, can never revive the economy. And that without [...]

BAILOUTS / INFLATION

by Asher B. Edelman This morning we learned of the Citicorp bailout, so far the largest of the combined guarantees/ grants given by government. It is interesting to note that the large part of the Citicorp package is in the form of guarantees. At best these guarantees resemble interest free loans, at worst gifts. In either [...]