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Jacob Cats
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Fed’s Policies Expose Mainstream Fallacies

- Frank Shostak -

Chief economist of M.F. Global?!?
"MF Global declared bankruptcy on October 31, 2011, and faced liquidation beginning in November 2011."

Commented 4114 days ago

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Beginning of the headline :At the annual meeting of the American Economic Association in San Diego (January 4–6, 2013), Harvard professor of economics Benjamin Friedman said, The standard models we teach … simply have no room in them for what most of the world’s central banks have done in response to the crisis. Friedman also advises sweeping aside the importance of the role of monetary aggregates. On this he said, If the model you are teaching has an “M” in it, it is a waste of students’ time. Delete it. Accordin... Read More

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