Fed Inflation Target Is Abnormal
The Fed Fund Rate is at a historic low of 0.25, practically zero. Why? Because the Fed has an Inflation Target of 2%. Same as the World’s Central Bankers. But that is totally abnormal when you look...
View ArticleThe Kelley Monetary Policy Rule
Everybody hates rules but this is a breakthrough policy to free the fearful Fed. Background The Federal Reserve Board (Fed) has held the Fed Funds Rate (the interest rate the Fed charges banks) below 1...
View Article#FederalReserve Is In A Pickle
Here is the status of the Federal Reserve Board (Fed). Background Over a year ago the Federal Reserve Board (Fed) stopped Quantitative Easing, aka the buying of securities in order to pump money into...
View Article#FederalReserve aka #Fed Discovers Gold – Fools Gold
No. I am NOT talking about the movie, Fool’s Gold. I am talking about the Fed finding wealth and a strong economy where there is none. Like the little boy who cried “Wolf!”, the Fed keeps saying “The...
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