Will this ever happen? No, there is of course no chance that this will ever happen because that would mean that the FOMC members would have to give up the believe in their own super human abilit...
recent-ish commentary on the 1937 analogy include Paul Krugman, Francois Velde (pdf), Scott Sumner, Lars Christensen, Christina Romer, Charles Calomiris (pdf), Business Insider, and David
Bernanke? “The Bacon Standard” (the PIG PEG) would have saved Denmark from the Great Depression Remember the mistakes of 1937? A lesson for today’s policy makers I am blaming Murray Rothba...
Christensen, “Remember the mistakes of 1937? A lesson for today’s policy makers”(The Market Monetarist, March 22,
of Japan getting closer to scaling back monetary easing. That has reminded me on what happened in 1937 – when market participants panicked as they started to fear that the Federal Reserve woul...
that the ECB once again will do something stupid or that we will have a repeat of the mistakes of 19367-37 – premature monetary tightening from the fed. Italian politics is, however, not keep...
It is not the drop in the stock market that is causing the crisis, but rather the failure of monetary policy that is at the root of the crisis. The stock market, however, is a strong indicator o...
Bernanke? “The Bacon Standard” (the PIG PEG) would have saved Denmark from the Great Depression Remember the mistakes of 1937? A lesson for today’s policy makers I am blaming Murray Rothba...
of my MM friends look at the recent movements of the long bond and the S&P index and get excited. I still believe it´s just another “Indian
Bernanke? “The Bacon Standard” (the PIG PEG) would have saved Denmark from the Great Depression Remember the mistakes of 1937? A lesson for today’s policy makers I am blaming Murray Rothba...