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nakedcapitalism.com - 3/27/2009
Willem Buiter Takes Fed and Treasury to Task
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Not that they listen to him, sadly. Buiter famously told the Fed in a presentation at its Jackson Hole conference that it was guilty of cognitive regulatory capture. Buiter argues that the games the Fed and Treasury are playing, with the Fed providing loans and guarantees that properly ...
federalreserve.gov - 3/24/2009
FRB: Press Release--Joint statement by Treasury and Federal Reserve on the Federal Reserve's ...
— federalreserve.gov — The Role of the Federal Reserve in Preserving Financial and Monetary Stability Joint Statement by the Department... of the Treasury and the Federal Reserve Introduction Sound economic performance requires both financial stability and monetary stability. ... (more) FRB: Press Release--Joint statement by Treasury and ...

Comments vote down Across the Curve found this 3/24/2009found this
The Fed's new balance sheet
econbrowser.com - 3/30/2009
The Fed's new balance sheet
— econbrowser.com — My previous post reviewed the profound changes in the balance sheet of the U.S. Federal Reserve over... the last 18 months. Here I comment on some of the concerns that the new Fed balance sheet raises for the conduct of monetary policy. I would ... (more) The Fed's new balance sheet

Comments vote down FT Alphaville found this 3/30/2009found this
Weekly Market Comment: Fed and Treasury - Putting off Hard Choices with Easy Money (and Probable Chaos) - March 23, 2009
hussmanfunds.com - 3/23/2009
Weekly Market Comment: Fed and Treasury - Putting off Hard Choices with Easy Money (and Probable ...
— hussmanfunds.com — March 23, 2009 Fed and Treasury - Putting off Hard Choices with Easy Money (and Probable Chaos)... John P. Hussman, Ph.D. All rights reserved and actively enforced. Reprint Policy Last week, the Federal Reserve announced its intention to purchase a ... (more) Weekly Market Comment: Fed and Treasury - Putting off ...

Comments vote down Technically Speaking, Market Analysis and Theory found this 3/23/2009found this

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Economist's View:  Fed Watch: The Fed Understands

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Fed Watch: The Fed Understands
Economist's View — Tim Duy on the risks to the Fed's independence, and on whether the Fed's insistence that some actions be conducted in secret "damages the democratic process": The Fed Understands, by Tim Duy: Willem Butier (via Yves Smith) argues that the Fed's actions over the past eighteen months has placed its independence at risk: Without a firm guarantee up front that the Federal government will fully re-capitalize the Fed for losses suffered as a result of the Fed’s exposure to private credit risk, the Fed will ...

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