The Fed

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Frank Shostak

The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.

Patrick Barron

No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.

Joseph T. Salerno

If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.

Jonathan Newman

Sen. Toomey should read Mises or Rothbard, and check other resources on mises.org, and he'd be able to grill Yellen with greater intensity next time.

Tho Bishop

The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.

Ryan McMaken

The Fed admits the jobs data is worsening, and sees no way to raise rates without torpedoing the tepid recovery.

Paul-Martin Foss

The FOMC appears to be downbeat about job gains, stating that the "pace of improvement in the labor market has slowed."

Frank Shostak

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Brendan Brown

Central bankers think the official statistics are overcounting inflation and undercounting productivity.

Charles Hugh Smith

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.