The Fed’s Actions in 2008: What the Transcripts Reveal

"On Friday, the Federal Reserve released the transcripts of the 2008 meetings of its Federal Open Market Committee, which sets monetary policy. The transcripts provide a detailed account of some of the Fed's key decisions during that crisis year. Here is a look at the fuller picture that the documents have provided."

"Federal Reserve officials are unaware in January 2008 that the economy has already entered a recession. But the Fed's chairman, Ben S. Bernanke, and his closest advisers are feeling nervous. They worry that the Fed's actions at the end of 2007 have been insufficient, and that tumbling stock prices represent the start of a broader pullback in investment."

http://www.nytimes.com/interactive/2014/02/21/business/federal-reserve-2008-transcripts.html

Bernanke – lepszy Friedman

"Ben Bernanke to chyba jedyny ekonomista, który swoją wypracowaną teorię i badania empiryczne miał okazję sam sprawdzić w praktyce na tak wielką skalę. Dlaczego nazwałem go lepszym Miltonem Friedmanem? Bo był w pewnym sensie jest uczniem Friedmana – propagował jego koncepcję przyczyn Wielkiej Depresji, przyznawał polityce pieniężnej stabilizacyjną rolę itd. Ale jednocześnie brak mu ideologicznego ferworu, nie jest rycerzem walki z państwem wszędzie i za każdą cenę, co pozwoliło mu posunąć myślenie dotyczące polityki pieniężnej znacznie na przód. (...)"

http://highbookvalue.com/2013/12/19/470/

Janet Yellen: What's Ahead For The Fed?

"Unlike current Fed chief Ben Bernanke, who enjoyed a relatively quiet first year in office before the financial crisis let loose, Yellen is likely to experience trial by fire from the get-go."

http://www.forbes.com/sites/knowledgewharton/2013/10/24/212013/

Bernanke: No One Understands Gold Prices

Coś czego nikt nie rozumie, czyli Ben Bernanke o rynku złota:

http://www.youtube.com/watch?v=_HybyqjV9jQ

A Century of U.S. Central Banking: Goals, Frameworks, Accountability

Chairman Ben S. Bernanke
At the "The First 100 Years of the Federal Reserve: The Policy Record, Lessons Learned, and Prospects for the Future," a conference sponsored by the National Bureau of Economic Research, Cambridge, Massachusetts

"Today, I'll discuss the evolution over the past 100 years of three key aspects of Federal Reserve policymaking: the goals of policy, the policy framework, and accountability and communication. The changes over time in these three areas provide a useful perspective, I believe, on how the role and functioning of the Federal Reserve have changed since its founding in 1913, as well as some lessons for the present and for the future. I will pay particular attention to several key episodes of the Fed's history, all of which have been referred to in various contexts with the adjective "Great" attached to them: the Great Experiment of the Federal Reserve's founding, the Great Depression, the Great Inflation and subsequent disinflation, the Great Moderation, and the recent Great Recession."

http://www.federalreserve.gov/newsevents/speech/bernanke20130710a.htm

NATIXIS: United States: QE3.5

Poniżej jest link do dobrego podsumowania pewnej zmiany w polityce Rezerwy Federalnej.

http://cib.natixis.com/flushdoc.aspx?id=67477