Washington’s Most Shocking Open Secret: The Fed’s Smoking Gun?
As noted in my most recent Forbes.com column, it is now officially an open secret that the Fed always gets its forecasts egregiously wrong: One of the world’s top monetary…
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Centennial Monetary Commission
34 posts
Looking for Growth in All the Wrong Places
We’ve officially moved into the part of the campaign where candidates tell us their grand vision for America. Donald Trump, moving on his promise to “make America great again,” challenged…
Will Democrats Join the “Monetary Policy Olympics”?
From The Hill: On July 29, the House Financial Services Committee met to vote on, among other bills, the Brady-Cornyn Centennial Monetary Commission Act, HR 2912. This would charter a commission to…
WaPo: House Bill Puts Fed Under New Scrutiny
The Washington Post noticed the passage of the Centennial Monetary Commission through the House Financial Services committee, under the key leadership of Rep. Kevin Brady (R-TX): Meanwhile, the Fed is…
Watershed Moment: Centennial Monetary Commission Passes Key House Committee
Yesterday, the House Financial Services Committee passed Rep. Kevin Brady’s (R-TX) Centennial Monetary Commission, H.R. 2912, by a vote of 35 ayes to 22 nays and sent it on to the…
Brady-Cornyn Monetary Commission Reviewed in House Hearing
On Thursday July 22nd, the Brady-Cornyn Centennial Monetary Commission was a subject of a House Monetary Policy Subcommittee hearing. The Centennial Monetary Commission Act of 2015 (HR 2912) was introduced…
House Hearing on Fed, Monetary Commission In Progress
Stop the presses! APIA senior advisor, economics, Ralph Benko, and APIA’s Nick Arnold are attending a standing room only hearing of the House Monetary Policy Subcommittee this morning in the Rayburn…
Monetary Commission to Be Considered in House Hearing This Week
The House Subcommittee on Monetary Policy and Trade will hold a hearing, “Examining Federal Reserve Reform Proposals“, on July 22 at 10:00AM in 2128 Rayburn House Office Building. APIA will…
Mr. Robot: “Money hasn’t been real since we got off the gold standard.”
“Money hasn’t been real since we got off the gold standard. It’s become virtual software. The operating system of our world. And we are on the verge of taking down…
Zero Interest Rates and Uncharted Territory
At her June 17th press conference, Fed Chair Janet Yellen stated: Returning to monetary policy, as I noted, the Committee reaffirmed its view that the current 0 to ¼ percent…
How Jeb Bush Can Deliver On His Promise of Four Percent Growth
Jeb Bush showed real presidential-level leadership in his formal 2016 presidential candidacy announcement, promising the delivery of a four percent economic growth rate: There is not a reason in the…
Bush and Christie Tackle the Fed: Here’s A Killer App
Governors Bush and Christie recently were commended at ThePulse, here and here, for their astute leadership in raising the issue of the Fed’s role in causing the dearth of job…
Why Did GDP Just Flatline Again?
A release by Rep. Kevin Brady (R-TX) on Wednesday noted: Economy Off to a Sputtering Start in 2015 “Working families continue to suffer in the slow-growth Obama economy,” says House economic…
Janet Yellen’s Pickle
Have you ever heard of a pickle? I don’t mean what you put on a hamburger. I’m talking about one of the funniest sequences in baseball—when a base runner gets…
