TITLE

BETTING AGAINST THE FED

AUTHOR(S)
Hanke, Steve H.
PUB. DATE
September 2009
SOURCE
Forbes Asia;9/7/2009, Vol. 5 Issue 13, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the Federal (Fed) Reserve, which received the lowest approval rating of the nine government agencies and departments evaluated in the U.S. It notes that the agency had tolerated inflation than deflation while citing the issue that pushed the Fed funds to record as low as 1 percent in July 2003. It mentions the bill proposed by Congressman Ron Paul along with 282 cosponsors that would require the Government Accountability Office (GAO) to audit the Fed.
ACCESSION #
44486410

 

Related Articles

  • Rosengren: Top Concern Disinflation, Not Inflation.  // Bond Buyer;10/5/2009, Vol. 370 Issue 33194, p2 

    The article reports on disinflation as the top concern of Boston Federal Reserve Bank president Eric Rosengren in Massachusetts in 2009. Rosengren distinguished disinflation as a greater risk than inflation and views premature withdrawal as a greater risk than letting them operate until recovery...

  • Lacker: The Fed is tapped out. Investor's Business Daily // Investors Business Daily;12/10/2013, pA02 

    There's little more policymakers can do to bolster the economy, said Richmond Fed Pres. Jeffrey Lacker. While he expects growth to pick up in '14, he said businesses will remain "reticent to hire and invest." Lacker, known as an inflation hawk, said the Fed must now guard against the risk of...

  • Management Report: Opportunities for Improvements in the Congressional Award Foundation's Internal Controls and Accounting Procedures.  // GAO Reports;9/9/2010, p1 

    A letter is presented from Steven J. Sebastian, Financial Management and Assurance of the U.S. Government Accountability Office (GAO), to National Director of Congressional Award Foundation, Erica Heyse, concerning the opportunities for improvements in the Congressional Award Foundation's...

  • The Risk of Deflation. Williams, John C. // FRBSF Economic Letter;3/27/2009, Vol. 2009 Issue 12, p1 

    The article presents an economic letter from the Federal Reserve Bank San Francisco regarding the risk of deflation in the U.S. It highlights the use of Phillips curve model in examining the behavior of inflation and the risk of deflation which depends on the expected rate of inflation and...

  • THE CAUSES OF PRICE INFLATION & DEFLATION: FUNDAMENTAL ECONOMIC PRINCIPLES THE DEFLATIONISTS HAVE IGNORED. DAVIDSON, LAURA F. // Libertarian Papers;2011, Vol. 3 Issue 1-21, p1 

    The article explores the causes of price inflation and deflation. It notes that the terms deflation and inflation do not refer to a single price level but to an array of prices for all goods and services in the market. The massive expansion of the monetary base initiated by the Federal Reserve...

  • Bureau of the Public Debt: Areas for Improvement in Information Systems Controls.  // GAO Reports;4/27/2011, p1 

    The article discusses a report from the U.S. Government Accountability Office (GAO) on the control deficiencies identified relative to information systems controls supporting the automated financial systems of the U.S. Bureau of the Public Debt (BPD). It examines the corrective actions done by...

  • TAX COMPLIANCE: Inflation Has Significantly Decreased the Real Value of Some Penalties. Brostek, Michael // GAO Reports;9/24/2007, preceding pi 

    The article analyzes the decrease in the real value of civil tax penalties due to inflation in the U.S. It states that the penalties are important to encourage taxpayers comply with tax laws. The adjustment of civil tax penalties for inflation to maintain their real values may increase the...

  • PART 2: Financial Section.  // GAO Reports;11/9/2012, Special section p38 

    The article discusses unqualified audit opinions on the presentation of financial statements and effectiveness of internal control on financial reporting provided by the U.S. Government Accountability Office to the Office of Financial Stability (OFS) for fiscal year 2012. It provides the...

  • CURIOUSER AND CURIOUSER. Hagadone, Zach // Boise Weekly;6/23/2010, Vol. 18 Issue 52, p15 

    The article reports on the role of Tea Party movement and libertarians in addressing economic and political problems in the U.S. It discusses the book "End the Fed" by Congressman Ron Paul regarding the need for the government to audit the Federal Reserve Bank and abolish it. It tackles the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics