Inflation and Debt: The Interaction of Fiscal and Monetary Policy (Part 1)

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,076
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jun 13, 2009

Wed, 28 May 2008

[Part 1 of the full 35 minute speech and 25 minute Q&A session]

Richard Fisher, President and CEO of the Federal Reserve Bank of Dallas, speaks at The Commonwealth Club of California about the nation's immense fiscal challenges as well as the threat of severe inflation due to monetization of the nation's debt by the Federal Reserve.

* Note that Fisher dissented multiple times with the rest of board of the Federal Reserve regarding their interest rate cuts in 2008.

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (4)

Sign In or Sign Up now to post a comment!
  • this man can KILL with boredom

  • ẞ

  • The FED's job is to push toothpaste backinto the toothpaste tube.

    Think of the housing boom: why do you think increased interest rates did not cut funding? Because it was highly profitable at that time. Banks most certainly squeezed credit in other sectors of the economy -- those sectors who already had problems enough to cope with.....

    This is the same argument why there is no possibility for inflation in a broad recession.

  • Good stuff. Thanks for posting.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more