• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Grading the Fed

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Sun, 10/04/2009 - 13:46 | 88280 Gordon_Gekko
Gordon_Gekko's picture

Here's my grade: FAIL.

Sun, 10/04/2009 - 13:10 | 88254 Lionhead
Lionhead's picture

GW, you're smokin' hot today!!  ;)  Right on, Mr Founding Father....  My grade for the FED, F---  They've washed out of the class and are headed for the unemployment line. Moreover, they should be all prosecuted and sent to Gitmo with the other terrorists.

Sun, 10/04/2009 - 12:03 | 88206 Anonymous
Anonymous's picture

Of course they failed and will continue to do so. Common sense dicates that. Let's see:

Population of over 307 million whose most basic economic factors are decided by a group that is probably under 1,000 and operates in a bubble of privilege.

Seems silly to think that they could do any less than fail the majority. They are too busy taking care of their buddies in the bubble.

Besides they are not Gods. They are pointy heads and think parochially like pointy heads are wont to do. They are trying to replace millions of individual decisions with guess work based on their constricted and privileged sense of our economic realities.

They need to be terminated and replaced with free market mechanisms and now is the time to do it.

Sun, 10/04/2009 - 02:59 | 88074 Hephasteus
Hephasteus's picture

Fail. Cornerstone is illusory lie. Structure crumbles.

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