http://www.csindy.com/IndyBlog/archives/2012/07/25/a-victory-for-all-the-paulians Comments On: A victory for all the Paulians by Chet Hardin en-us Copyright 2013 Colorado Springs Independent. All rights reserved. This RSS file is offered to individuals, Colorado Springs Independent readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Colorado Springs Independent. becca@csindy.com (Colorado Springs Independent Webmaster) Sat, 18 May 2013 00:00:01 -0600 Sat, 18 May 2013 15:45:00 -0600 Foundation http://blogs.law.harvard.edu/tech/rss Posted by aa]]> Thu, 26 Jul 2012 13:58:57 -0600 Colorado Springs Independent To Mr. K and jenkin: So, who says we need the Federal Reserve?
Posted by smartestman]]> Thu, 26 Jul 2012 13:13:29 -0600 Colorado Springs Independent
From http://en.wikipedia.org/wiki/Central_bank#… "Advocates of central bank independence argue that a central bank which is too susceptible to political direction or pressure may encourage economic cycles ("boom and bust"), as politicians may be tempted to boost economic activity in advance of an election, to the detriment of the long-term health of the economy and the country. In this context, independence is usually defined as the central bank's operational and management independence from the government.

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It is argued that an independent central bank can run a more credible monetary policy, making market expectations more responsive to signals from the central bank.
Posted by aa]]> Thu, 26 Jul 2012 12:08:06 -0600 Colorado Springs Independent
Still, I am not so sure this is sensible legislation. There must have been a reason the Fed's operations were kept secret in the original legislation.
Posted by Mr. K--]]> Thu, 26 Jul 2012 11:28:47 -0600 Colorado Springs Independent Good for the GOP for voting for sensible legislation. However, one wonders if many of the Republicans, in the House, would have voted for it, if they thought it had a chance of passing.
Posted by smartestman]]> Thu, 26 Jul 2012 07:01:54 -0600 Colorado Springs Independent