Why Federal Reserve’s QE3 Didn’t Help U.S. Economy
Among 330 million Americans, just a chosen few benefited from the Federal Reserve’s third quantitative easing. QE3 was wrong monetary policy.
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Tag: monetary policy
Why Is Transparency Crucial at the Federal Reserve?
Furtive actions by the Federal Reserve show the need for a change to transparency. Then-Federal Reserve Chairman Ben Bernanke argued in 2012 that transparency would lead to a “nightmare scenario” in the Fed’s monetary policies. But many others, including me, feel the Federal Reserve has overtly overstepped its monetary authority – by actually undermining the authority of Congress on fiscal policy issues. Not to mention the bogus printing of money that only benefits Wall Street insiders.
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Does the Federal Reserve Understand Small Business?
The Federal Reserve’s refusal to lower interest rates is frustrating to small business owners. Ironically, small business is the straw that stirs the drink to increase the number of jobs.
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