Comparing the growth of the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of new jobs, and how badly ZIRP has served the US economy. 276 more words
Tags » Paul Volcker
Federal Reserve Chairwoman Janet Yellen participated in a roundtable with three of her predecessors: Ben Bernanke, Alan Greenspan and Paul Volcker, Thursday in Manhattan.
To begin with there was no disagreement between the four Fed chiefs, which represented 37 years of Fed leadership, which is 1/3rd of the history of the private institution. 358 more words
It’s not a compliment when a president’s economic record is compared to that of Jimmy Carter’s, who held office during a troubled economy. Republican presidential candidates Donald Trump and Ted Cruz have bemoaned President Barack Obama’s slow growth economy as similar to Carter’s. 1,080 more words