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Category Archives: Fed Transparency

“This Is The Catalyst For Everything”: Deutsche Sees Only Two More Rate Hikes Before The Fed Loses Control

In his latest weekend note, One River CIO Eric Peters discussed, among other topics, what he thought would be the nightmare scenario if not for the current, then certainly next Fed chairman: a world in which despite the Fed’s best intentions (and we use the term loosely), the Fed continued to hike rates without any […]

Is Yellen Trying To Ride Into The Sunset?

Authored by Kevin Muir via The Macro Tourist blog, Bernanke presided over the Great Financial Crisis of 2008. Greenspan had the 1987 crash, along with the 2000 DotCom bust. Volcker had the bond debacle of the early 1980’s and the subsequent Latin American debt crisis. For the past 35 years, every Fed Chairperson has been […]

Bernie Sanders: We Need A “Full And Independent Audit” Of The Federal Reserve

Submitted by Barry Donegan via TruthInMedia.com, 2016 Democratic presidential candidate and U.S. Senator from Vermont Bernie Sanders wrote an op-ed for The New York Times on Wednesday calling for the Federal Reserve to be audited independently by the Government Accountability Office on an annual basis. Meanwhile, Senate Majority Leader Mitch McConnell (R-Ky.) has scheduled a historic Jan. 12 […]

House Passes Fed Transparency Bill; Obama Will Veto

Moments ago, the in a 241-185 vote, the House passed passed H.R. 3189, aka  Fed Oversight Reform and Modernization Act. The bill would make changes to how the Fed conducts monetary policy and regulatory activities and would direct the Fed to take a rules-based approach to interest rate decisions; require audits of more Fed functions […]

Peter Schiff: The Embarrasment Of Fed Transparency

Submitted by Peter Schiff via Euro Pacific Capital, Over the past decade or so, "transparency" has become one of the buzzwords that has guided the Federal Reserve's culture. The word was meant to convey the belief that central banking was best done for all to see in the full light of day, not in the […]

Jane Austen Explains Monetary Policy

Who knew? Jane Austen was a dyed-in-the-wool, easy-money-loving, stimulus-demanding ‘expert’ on monetary policy. As Citi’s Steven Englander finds in his eloquent new year’s note, it seems the antiquated authoress has much sense-and-sensibility to reproach those of us who believe in real money and a return to a real economy. From justifying QE, “Money is the […]

Ron Paul On Faux Fed Transparency: “Believe Me, The ‘Big Stuff’ Is Done In Secret”

As Rand Paul grows more vociferous with regard the Janet Yellen nomination, he and his father are once again pressing for more transparency into what really occurs at the Fed. While some argue that there has never been a more ‘transparent’ Fed as we are plagued with volumes of double-speak (projections and prognostications), Ron Paul […]

One Pre-FOMC Link That Seems To Explain Everything

Submitted by F.F.Wiley of Cyniconomics blog, I was glad to hear Stanley Druckenmiller dismiss the relevance of Fed transparency in a CNBC interview last week. As I wrote in my last post, the hullabaloo over the Fed’s communications doesn’t rank high on my list of concerns. Or maybe they sum up the last five months […]

Guest Post: We Should All Love Fed Transparency

Submitted by John Aziz of Azizonomics, Ron Paul’s signature Audit the Fed legislation finally passed the House; on July 25, the House bill was passed 327 to 98. But the chances of a comprehensive audit of monetary policy — including the specifics of the 2008 bailouts — remain distant. Why? Well, the Fed doesn’t seem to […]

Ron Paul’s ‘Audit-The-Fed’ Swan Song Passes House, Unlikely To Pass Senate

When Paul first introduced his bill a decade ago, it was written off as another piece of his far-flung libertarian worldview is how Politico juxtaposes today’s (now successful) vote on Ron Paul’s Fed Transparency Bill. “I want to appreciate and congratulate Dr. Ron Paul for his tireless pursuit of openness and transparency,” said Rep. Jason […]