Category Archives: Federal Reserve

Hardly a Balkanized Federal Reserve

Posted on February 2, 2015 by William Holland

Let’s get power relations straight.  The Federal Reserve is a powerful, even a transnational power.  It is arguably the single most powerful institution on the planet.  It TOO can be defeated, weakened, and brought down.  The impact of weak purchasing … Continue reading →

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John Cochrane: the Omnipotent Federal Reserve

Posted on August 27, 2013 by William Holland

I’ve been indebted to Dr. Cochrane for decades.  Working out of the Hoover Institution, CATO Institute and the University of Chicago Booth School of Business, he remains along with John Taylor, Allan Meltzer the finest minds understanding what’s gone awry … Continue reading →

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John Cochrane on Hayek & Federal Reserve’s Independence?

Posted on March 15, 2013 by William Holland

When Hayek wrote his famous ‘The Constitution of Liberty‘ he admonished those who were naiveté to think that a Central Bank could be independent, especially in a political town like Washington.  Any brief look at the writings of Dr. Allan … Continue reading →

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