The Great Debate

from James Pethokoukis:

Candidate Bernanke hits the campaign trail

July 27, 2009

JamesPethokoukiscrop.jpgIf Ben Bernanke were running TV ads, taking polls and holding town hall-style meetings, it wouldn't be any clearer that he's conducting an explicit reelection campaign for another four-year term as Federal Reserve chairman come next January. Oh, wait a second, he just did hold an unprecedented town hall meeting. And it was one worthy of a presidential candidate charming primary voters in Iowa.

On the Bernanke interrogation

June 25, 2009

James Pethokoukis – James Pethokoukis is a Reuters columnist. The views expressed are his own –

First exit for the Fed

June 23, 2009

fed– Agnes T. Crane is a Reuters columnist. The views expressed are her own –

Call it a battle for beginnings and endings, and the Federal Reserve is smack in the middle.

Too failed to live not too big to fail

March 16, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

The U.S. policy of keeping zombie financial institutions alive is so clearly failing that it is now attracting attack from inside policymakers’ circle of covered wagons.

Redefining the sacred in the banking rescue

By J Saft
February 27, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Another week, another set of protestations that U.S. banks will remain in private hands, apparently almost regardless of the consequences.

Global imbalances and the Triffin dilemma

January 13, 2009

John Kemp Great Debate– John Kemp is a Reuters columnist. The opinions expressed are his own –

For the world monetary system, the financial crisis which erupted in the summer of 2007 is a cataclysmic shift that will prove every bit as significant as the outbreak of the First World War (which heralded sterling’s demise as a reserve currency) and the suspension of gold convertibility in 1971 (which marked the end of bullion’s monetary role).

Fed unleashes greatest bubble of all

December 17, 2008

John Kemp Great Debate– John Kemp is a Reuters columnist. The views expressed are his own –

Like the sorcerer’s apprentice, Federal Reserve Chairman Ben Bernanke and his predecessor Alan Greenspan have unleashed a series of ever-larger asset bubbles they cannot control.

“Risk free” rate going way of free lunch

By J Saft
December 10, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

One of the many comfortable but unreliable certainties now coming unglued is the idea that U.S. Treasury interest rates are the paramount benchmark, a measure of “risk free” investment, an idea at the heart of finance.

Quantitative easing has begun

November 14, 2008

johnkemp3– John Kemp is a Reuters columnist. The views expressed are his own –

Quietly, without fanfare, the Federal Reserve has turned on the printing presses.  The central bank is flooding the market with enough excess liquidity to refloat the banking system — and hopes to generate an upturn in both economic activity and inflation in the next 12-18 months to prevent the economy falling into a prolonged slump.

Moving beyond conventional remedies

October 24, 2008

diana-furchtgott-roth1Diana Furchtgott-Roth, former chief economist at the U.S. Department of Labor, is a senior fellow at the Hudson Institute. The opinions expressed here are her own.