Comments on: Janet Yellen’s moment http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/ Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: jackdanielsesq http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1654 Wed, 19 Mar 2014 07:45:57 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1654 Yellen, like the rest of the Fraud Squad – are part of the problem – not the cure

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By: MohanadHaroun http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1653 Wed, 19 Mar 2014 07:21:43 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1653 The underlying reasons for FED policy is profit. Just like any profit making entity there has to be a mechanism that creates a surplus in their desired profit margin for the owners of the FED or they would be a failure of a business, Janet Yellen is simply the CEO of the FED. What does the FED want to gain in the sense of profit, what does the FED consider profit and how will they aquire that profit is what drives their policies. The rest of it is BS, this article is BS. The thing that Pushes people to understand why the FED does what it does are people that are trying to profit on the coattail of the FED. So does anyone on this forum have any ideas what the FED is gaining and who is the end benfactor of all those profit returns i.e. Interest Rates? Answer those questions and you’d be a lot more intellignet than the half wit that wrote this article.

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By: lysergic http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1652 Tue, 18 Mar 2014 23:48:16 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1652 It will take a long time for most people to realize that republican economic theories are just lies to give the rich more advantages. Targeting the money supply and inflation[reaganomics] are very subtle ways to help the super rich. The super rich are the debtholders in every corner of this planet. When you target the money supply debt instruments[bonds held by rich people]go up in value. When you have high unemployment bonds go up in value. Are you starting to see the light. These are the facts. Since we have been keeping records,1960,democrats have created more jobs,balanced the budget. and had higher GDP numbers by far so why would you ever vote for them?

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By: Robertla http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1651 Tue, 18 Mar 2014 23:43:42 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1651 ……..the Fed is contributing to an environment out of sync with reality.

the Fed is busy trying to support highly capitalized financial assets, while what we need is something that allows people to maintain a minimal standard of living.

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By: satori23 http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1650 Tue, 18 Mar 2014 23:28:29 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1650 let me share:

The truth is out: money is just an IOU, and the banks are rolling in it

http://www.theguardian.com/commentisfree  /2014/mar/18/truth-money-iou-bank-of-en gland-austerity

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By: SoundMoney123 http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1649 Tue, 18 Mar 2014 23:01:29 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1649 I have found that people wrongly judge Milton Friedman as the main representative of classical or neo-classical economics (those who supported free-market capitalism.) After familiarizing myself with the basics of neo-classical economists, it became obvious that Milton Friedman’s many theories, suggestions and proposals were wrong (from negative income tax to his math formulas to “third-party” liability.) In that light, this article looks amateurish and its author completely unable to understand the intellectual level of rational economists of the day. Since USA abandoned capitalism and sound money in 1933 for tyranny of majority and corporatism, sound economics is rarely taught in USA. For regular readers, I suggest a free PDF by Henry Hazlitt about his criticism of Keynesian economics which is available online.

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By: joe10082 http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1648 Tue, 18 Mar 2014 21:42:20 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1648 Ms. Yellen can begin by establishing rules to regulate the pay of chief executives and board members of major U.S. banks and Fortune 500 companies. Free market rules have given the aforementioned executives the ability to obtain excessive salaries and bonuses far beyond their merit. This situation can only be regulated through federal regulation. I sincerely hope Ms. Yellen establishes market rules for U.S. private industry that ends the greed so prevalent in U.S. businesses.

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By: NSJ4 http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1647 Tue, 18 Mar 2014 20:22:00 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1647 We’ve just had a 5 year test of the most “growth promoting” fiscal and monetary policy in American history, and just coincidentally, the worst economic performance since the 1930’s.

So naturally, the author of this article thinks the way to guarantee future economic growth and well being is to do even more of the same.

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By: GrahamLovell http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1646 Tue, 18 Mar 2014 19:56:10 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1646 Does revived Keynesian economics at the Fed Reserve level really represent a solution to the world’s economic woes? I doubt it.

Keynesian economics has a place, but Kaletsky is offering a macro-economic solution to a micro-economic problem. I hope the Fed does not follow down this path.

The micro-economic problem relates to the profitability of firms in the face of cheap labour available from Asia. This is a challenge to the developed world that the political leaders of the west have not been prepared to even acknowledge.

There will come a time when the problem has become so acute that it will not be possible to continue to ignore it.

I hope that when that day comes it will not be too late to do something about it in a peaceful and generally productive way.

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By: gregio http://blogs.reuters.com/anatole-kaletsky/2014/03/18/janet-yellens-moment/#comment-1645 Tue, 18 Mar 2014 19:29:10 +0000 http://blogs.reuters.com/anatole-kaletsky/?p=922#comment-1645 Just when stability rises to the forefront we get more de-stabilizing news, we now have a fed chief with a worldview based on keynesian theory. All we need now is the low info voter to wipe out the conservative congress an we can begin the wild ride to the Vensuelan economy complete with long lines and government suppression and confiscation. The era of the low info voter is about to begin, the result of an overweight liberally programmed electorate waiting for their free-stuff and willing to follow moral/political guidance from the hollywood drug culture.

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