Jun 19, 2011

Owner occupied housing is in crisis. The problem is solvable by the Federal Reserve Bank. If the Federal Reserve Bank fails to act correctly, then the crisis will deepen. If the Federal Reserve Bank creates a correctly operating housing market, then the floundering owner occupied housing market will snap back into a long-term stable growth pattern. The choice of...

Jun 4, 2011

If I were Chairman of the Federal Reserve Bank (FRB) I would see to the housing crisis in the United States by creating a separate housing money supply called the FHF (which is to say, the “FRB Housing Fund”). PRIMARY SUCCESS SCENARIO 1. The Federal Reserve Bank (FRB) shall establish a FHF, which is a “FRB Housing Fund” account, operating...