The Atlantic thinks we need the Fed 'to hold down inflation'

[sailingaway]

clearly their grasp of what causes inflation is limited....

h xxp://www.theatlantic.com/business/archive/2011/01/why-we-need-the-fed/69554/

The NYTimes has an article, too, talking about how it is Friedman and Keynes on one side against Ron Paul on the other.... as if that means Ron is wrong...

The push back is beginning again, and he hasn't even held his first committee hearing....

[lester1/2jr]

comments are virtually all negative.

[youngbuck]

We need a fox to protect the hen house.

[Sola_Fide]

clearly their grasp of what causes inflation is limited....

h xxp://www.theatlantic.com/business/archive/2011/01/why-we-need-the-fed/69554/

The NYTimes has an article, too, talking about how it is Friedman and Keynes on one side against Ron Paul on the other.... as if that means Ron is wrong...

The push back is beginning again, and he hasn't even held his first committee hearing....

That is what pisses me off so much about the chicago school. Keyensians always have a little arrow in their arsenal called Milton Friedman, the "libertarian who liked the FED".

[sailingaway]

That is what pisses me off so much about the chicago school. Keyensians always have a little arrow in their arsenal called Milton Friedman, the "libertarian who liked the FED".

Sort of like Cato, then?

[buck000]

Wait, I thought The Bernank said that inflation was dangerously low...?

[Sola_Fide]

Sort of like Cato, then?

Oh yeah...