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>> BEN BERNANKE Latest News

22 HOURS AGO - Zero Hedge

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Janet Yellen Is Freaking Out About "Audit The Fed" – Here Are 100 Reasons Why She Should Be

Submitted by Michael Snyder via The End of The American Dream blog, Janet Yellen is very alarmed that some members of Congress want to conduct a comprehensive audit of the Federal Reserve for the first time since it was created.  If the Fed is doing everything correctly, why should Yellen be alarmed?  What does she have to hide?  During testimony ...

Tags: Janet Yellen Is Freaking Out About "Audit The Fed" – Here Are 100 Reasons Why She Should Be,  Ben Bernanke Latest News

FEB 25, 2015 - TheStreet

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Five Things to Know About the Fed Raising Interest Rates

NEW YORK (TheStreet) -- Since 2008, the Federal Reserve has been giving banks virtually free money by keeping their short-term borrowing rates near zero. This week, Fed Chair Janet Yellen indicated the Fed is getting even more optimistic about the economy and inflation and further indicated it could end that policy as early as July. The Fed will likely act ...

Tags: Five Things to Know About the Fed Raising Interest Rates,  Ben Bernanke Latest News

FEB 21, 2015 - Zero Hedge

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Why Does Fiat Money Seemingly Work?

Submitted by Pater Tenebrarum via Acting-Man blog, Introducing Money Imagine three men living on a small island. Toni is mining the local salt mine, and apart from him there are Pete the fisherman and Tom the apple grower and their families. They have a barter trading system set up: Toni exchanges his salt for Pete’s fishes and Tom’s apples, who ...

Tags: Why Does Fiat Money Seemingly Work?,  Ben Bernanke Latest News

FEB 17, 2015 - Huffington Post

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Elizabeth Warren And Sherrod Brown Fight Fed Audit, Foreclosure Transparency

WASHINGTON -- Top progressive senators are running away from a bill authored by Sen. Rand Paul (R-Ky.) to audit both the Federal Reserve's monetary policy operations and millions of foreclosures. Their aversion could doom any chance for public transparency surrounding the sorts of widespread abuse that banks deployed against homeowners in the aftermath of the financial crisis. Both Sen. Elizabeth ...

Tags: Elizabeth Warren And Sherrod Brown Fight Fed Audit, Foreclosure Transparency,  Ben Bernanke Latest News

FEB 08, 2015 - Forbes

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Inflation Targeting or Deflation Avoidance?

Back in the day when I served on the FOMC (February 1991-November 2004) under Alan Greenspan, the subject of inflation targeting came up from time to time. I never liked the idea, but a few of my colleagues expressed an interest. Fortunately, from my point of view, Chairman Greenspan didn’t like it and never scheduled a formal debate, not even ...

Tags: Inflation Targeting or Deflation Avoidance?,  Ben Bernanke Latest News