Austan Goolsbee’s Exit and Debating the Need for QE3

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney discuss the exit of Austan Goolsbee from Obama’s economic team and the need for a QE3. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. | Read More »

    How Monetary Policy Has Created America’s Two Tier Economy

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney to discuss how the Fed’s monetary policy has created a two tier economy and the impact that has had on the jobs market and the average American family. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. | Read More »

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    THAT WOMAN 1, Wall Street Journal 0.

    The executive summary: Former Alaskan governor Sarah Palin has an upcoming speech in which she criticizes a plan to institute ‘[quantitative*] easing,’ which is in this case basically the practice of creating money via buying our own debt (this particular example of the practice is usually called ‘QE2′ by the papers, apparently because the term is more confusing to people than simply calling it ‘[quantitative] | Read More »

    QE2: Is Bernanke Treating the Infection? Or Just the Fever?

    I’ve been asked to give some basic perspective on what the Fed’s “quantitative easing” actually is. Since writing this piece, I’ve become more convinced that I was on the right track. So far, three different QE models have been observed in the wild: the Japanese (2001-06), the British (2008-09), and Bernanke I (2008-10). We’re about to see Bernanke II. All of them are forms of | Read More »

    Decoding the Objectives of the Fed’s QE2

    It’s been clear enough to everyone with eyes that the most visible effect of the Fed’s QE2 program would be to inflate the stock market, and possibly (because of the weaker dollar) commodities too. A view is starting to emerge that this is what Bernanke actually had in mind. Creating a huge amount of new "bank money" obviously did nothing to stimulate the creation of | Read More »

    Bernanke, Ryan, and Obamacare

    Download Podcast | iTunes | Podcast Feed In today’s edition of Coffee and Markets, Brad Jackson, Ben Domenech are joined by Francis Cianfrocca to discuss Bernanke’s latest QE2 moves, the GOP’s opportunity society, and why health care, not the economy, may have been the biggest issue in Tuesday’s election. We’re brought to you as always by BigGovernment.com and Stephen Clouse and Associates. We’d also like | Read More »