Generational Dynamics Forum - New Site

Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn't Happen Here A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase...

Fed needs mortgage-backed securities exit plan 'earlier than later,' George says By Howard Schneider January 23, 202312:36 PM CST WASHINGTON, Jan 23 (Reuters) - Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms "earlier than later" on a plan for the U.S. ...

FAQs: MBS Purchase Program The following frequently asked questions (FAQs) provide further information about the Federal Reserve’s $1.25 trillion program to purchase agency mortgage-backed securities (agency MBS). The MBS program completed its purchases on March 31, 2010, but will continue to settl...

Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn't Happen Here To stimulate aggregate spending when short-term interest rates have reached zero, the Fed must expand the scale of its asset purchases or, poss...

These are John's comments a few days after Bernanke was nominated. Ben S. Bernanke: The man without agony Bernanke and Greenspan are as different as night and day, despite what the pundits say. (29-Oct-2005)Summary Ben S. Bernanke, President Bush's nominee for the new Fed Chairman, is completely dif...

OCTOBER 24, 2005 Federal Reserve Chairman Announcement President Bush announced his selection to replace Federal Reserve Chairman Alan Greenspan, whose term would expire January 31, 2006. In the Oval Office announcement attended by both the nominee and outgoing chairman, he nominated Ben Bernanke, t...

Bernanke taught at the Stanford Graduate School of Business from 1979 until 1985, was a visiting professor at New York University and went on to become a tenured professor at Princeton University in the Department of Economics. He chaired that department from 1996 until September 2002, when he went...

Remarks by Governor Ben S. Bernanke Before the National Economists Club, Washington, D.C. November 21, 2002 Deflation: Making Sure "It" Doesn't Happen Here Since World War II, inflation--the apparently inexorable rise in the prices of goods and services--has been the bane of central bankers. Econom...

I'll spend a few posts discussing Greer's analysis above. It was Ben Bernanke who gave the dominant minority, as Greer refers to it, the ability to fully take charge. Bernanke put the process of sucking the periphery dry into hyperdrive with QE. I also had in mind that the periphery includes parts o...

All this calls to mind one of the writers whose work has been central to my blogging since its earliest days, English historian Arnold Toynbee. As my regular readers will doubtless remember, Toynbee lived in Britain in the twentieth century, and so he was understandably interested in the reasons wh...