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Actually this is a far better description, and it's written by Bernanke too: www.federalreserve.gov... Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment Ben S. Bernanke, Vincent R. Reinhart and Brian P. Sack 2004-48
A former director of the Federal Reserve Board’s Division of Monetary Affairs, Vincent R. Reinhart has spent more than two decades working on domestic and international aspects of U.S. monetary policy. He held a number of senior positions in the Divisions of Monetary Affairs and International Finance and served for the last six years of his Federal Reserve career as Secretary and Economist of the Federal Open Market Committee. Reinhart worked on topics as varied as economic bubbles and the conduct of monetary policy, auctions of U.S. Treasury securities, alternative strategies for monetary policy, and the efficient communication of monetary policy decisions.
-Director, Division of Monetary Affairs, Board of Governors of the Federal Reserve System, 2001-2007
-Secretary and Economist, Federal Open Market Committee, Federal Reserve, 2001-2007
-Deputy director, Division of International Finance and associate economist, Federal Open Market Committee, Federal Reserve, 1999 - 2001
-Deputy associate director, Division of Monetary Affairs, Federal Reserve, 1998-1999 -Assistant director, Division of Monetary Affairs, Federal Reserve, 1994-1998
-Chief, Banking and Money Market Analysis Section, Division of Monetary Affairs, Federal Reserve, 1991-1994
-Senior economist, Banking and Money Market Analysis Section, Division of Monetary Affairs, Federal Reserve, 1990-1991
-Economist, Banking and Money Market Analysis Section, Division of Monetary Affairs, Federal Reserve, 1988-1990
-Senior economist, International Research Department, Federal Reserve Bank of New York, 1987-1988
-Economist, Domestic Research Department, Federal Reserve Bank of New York, 1985-1987 -
Economist, International Research Department, Federal Reserve Bank of New York, 1983-1985
Originally posted by 911fnord
anyone else find that maybe a little too convenient?
The poster on the board seemed like he knew his stuff and I have tried putting some of his post word for word in google to see if he just copied and pasted it from somewhere and that turned up nothing...so the person who posted would have to have some pretty in depth background in the business this Vincent Reinhart has the resume. Like I said I have no way of proving that this is our guy, and would like to add that if this was our guy why would he use his own name?
Originally posted by 911fnord
now this purely speculation and I have no real way of knowing who "reinhart" is but while searching discussions for "reinhart" I came up with this...
In an interview yesterday, Reinhart said that the rumblings of discontent reflected a sense that the central bank's mission has changed without much forethought.
"You go back a few years, there was a settled consensus about the role of a central bank," said Reinhart, now a resident scholar at the American Enterprise Institute. "That has changed very rapidly, and the changes were driven by events. It's not clear anyone internalized the longer-term issues when they were solving that day's problems."
Originally posted by Mr Headshot
I would agree with you if he didn't back up his dates with sound and solid reasoning. The fact that he said Sept. 15 for a reason and not just as a random "I think it'll happen here" rules out, at least in my mind, a statistical anomaly.
At 3/15/2008 12:26 PM, Blogger reinhardt said...
I stopped adding to the page when I found myself in the unlikely position of being financially involved with business, Florida politics, healthcare, Tampa, Sarasota hospitals, USF, certain board members of institutions, etc..
Now its just for fun.
"Father" Luke Duke said: The rest of his "reasoning" is just rambling about some Catholic conspiracy which, although it looks like rubbish, makes a refreshing change from the usual Jewish nonsense.
On October 24th, 2007, law enforcement agents from the FBI, Department of Health and Human Services and the Florida Attorney General's Medicaid Fraud Control Unit executed a search warrant on the premises of WellCare Health Plans' headquarters in Tampa, FL. Trading on WellCare's stock was halted on the news, but subsequently fell as low as 80% below the 52-week high. The SEC has WellCare's financials under watch and several class-action lawsuits were launched against WellCare on behalf of shareholders. WellCare has said that its normal business operations have not been affected by the Federal and State investigations and that it remains financially sound, with over $1 billion in cash and cash equivalents.
YOU LOVE TO DO IN LIFE AND ARRANGE YOUR LIFE"
i love being robbed and then lectured by the robbers
haven't had to arrange my life a whole lot to get what i love