Silver as an investment

Category Archives: Christina Romer

How Rand Paul Can Free Americans From The Fed

Authored by Tho Bishop via The Mises Institute, Ever since entering the Senate, Rand Paul has continued his father’s work in advocating for an audit of the Federal Reserve. This week, writing for the Daily Caller, Senator Paul renewed his efforts, illustrating how the recent era of unconventional monetary policy has made an audit all the […]

The Case Against Fed Reform

Submitted by Tho Bishop via The Mises Institute, This week the 115th Congress was sworn in, and there are some indications that Fed reform may be on the agenda. The combination of populist anger fueled by Ron Paul’s Presidential campaigns and the 2008 financial crisis coupled with the repeated failings of the Federal Reserve to […]

10 Things Every Economist Should Know About The Gold Standard

Submitted by George Selgin via Alt-M.org, At the risk of sounding like a broken record (well, OK–at the risk of continuing to sound like a broken record), I'd like to say a bit more about economists' tendency to get their monetary history wrong.  In particular, I'd like to take aim at common myths about the […]

The Unfaithful Departed: Meet The People Who Bailed On The Obama Administration

Friday’s latest resignation of yet another former Obama administration faithful – that of White House press secretary Jay Carney – got us thinking: how many people have jumped off the USS Obamic? The answer is, in short, a lot. Below is a list (by no means complete) of the most prominent officials and advisors who […]

JPM Comes Out Against Bernanke’s Helicopter: “Raising Inflation Expectations Is A Bad Idea”

As we explained over two months ago, and as the Fed is no doubt contemplating currently, the primary topic on the agenda of central bankers everywhere and certainly in the Marriner Eccles building, is how to boost inflation expectations as much as possible, preferably without doing a thing and merely jawboning “forward expectations” (or more […]

5 Things To Ponder Over Thanksgiving

Submitted by Lance Roberts of STA Wealth Management, With the "inmates in charge of the asylum" during this holiday shortened trading week it seemed to be an apropriate opportunity to share a virtual cornucopia of topics to consider while enjoying the delicious delicacies, and subsequent tryptophan induced comas, of a traditional Thanksgiving. As I discussed earlier this […]

Blast From The Past: “Unemployment Rate With And Without The Recovery Plan”

Putting today’s 7.2% unemployment rate (which is actually over 11% if using an accurate labor participation rate), here is the chart that puts it into perspective courtesy of the an “analysis” by Christina Romer and Jared Bernstein titled “The Job Impact of the American Recovery and Reinvestment Plan” from January 10, 2009. Oh yes, the […]

Hilsenrath: White House Preparing Bernanke’s Replacement

It’s been a long time since Hilsenrath actually reported news instead of serve as a leak dissemination service for the New York Fed. Today was one of those time with news from the WSJ that the Obama administration, and specifically Jack Lew, has begun assembling a short list of candidates for the Federal Reserve chairmanship, […]

Guest Post: Whom To Believe On Gold: Central Banks Or Bloomberg?

Submitted by Jeff Clark of Casey Research, Bloomberg reported recently that Russia is now the world's biggest gold buyer, its central bank having added 570 tonnes (18.3 million troy ounces) over the past decade. At $1,650/ounce, that's $30.1 billion worth of gold. Russia isn't alone, of course. Central banks as a group have been net […]

Guest Post: Start Your Own Financial Media Channel with This Template

Submitted by Charles Hugh-Smith of OfTwoMinds blog, This secret template enables everyone to launch their own financial "news" channel. You've probably noticed the cookie-cutter format of most financial media "news": a few key "buzz words" (fiscal cliff, Bush tax cuts, etc.) are inserted into conventional contexts, and this is passed off as either "reporting" or […]