Federal Reserve Policy Under Microscope: Peter Schiff, Marshall Auerback, Mark Weisbrot, and Richard Ebeling – Boom Bust
TND VideoCast Spotlight: Boom Bust
Over the past six years, the world’s major central banks have lowered interest rates and expanded their balance sheets to varying degrees, all in an effort to stimulate growth. But are the central banks getting the job done or are they doing more harm than good? Can twelve guys and gals in a room make effective decisions about one of the central inputs into our economies, interest rates? Or are policy errors all but inevitable? To answer these questions, we brought together four economists and commentators of with different ideas to debate whether central banks are good for the economy. In part one of this panel debate, we discuss the US Federal Reserve.
To discuss the Fed and central banking in general, we were joined by a panel of guests including Peter Schiff, CEO of Euro Pacific Capital; Marshall Auerback, director of institutional partnerships at the Institute for New Economic Thinking; Mark Weisbrot, co-director of the Center for Economic and Policy Research; and Richard Ebeling, BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. Take a look at what they had to say on policy and regulation within the central banking systems across the world.
Source: Boom Bust YouTube channel.
RT report reprinted with permission.
Source: http://thenewsdoctors.com/federal-reserve-policy-under-microscope-peter-schiff-marshall-auerback-mark-weisbrot-and-richard-ebeling-boom-bust/
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