article thumbnail

Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. Bernanke : Many of you have valid concerns about inflation.

article thumbnail

Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. For example, a dozen eggs cost around $1.00 For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. remained stable, at or below the Fed’s 2% target. in January 1990 compared with more than $5.00

Policies 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

article thumbnail

Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. This can include wanting to do holistic innovation that touches on service, products, and applications. Mercer UK – Personalised Pension Videos.

Mercer 186
article thumbnail

To Get More Done, Focus on Environment, Expectations, and Examples

Harvard Business

In 2008, I was designing advertising products at Google. They needed a designer, and he thought the project was a good way for me to try my hand at a consumer-facing product. They needed a designer, and he thought the project was a good way for me to try my hand at a consumer-facing product. JUSTIN TALLIS/Getty Images.

article thumbnail

How to Be More Productive Without Burning Out

Harvard Business

According to a 2008 survey , the vast majority of professionals (94%) worked 50 hours or more a week, and almost half worked more than 65 hours a week. As one example , Headspace, a digital provider of meditation and mindfulness services, has grown to a value of $250 million in just seven short years. The same is true for productivity.

article thumbnail

Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

One example of a company that embodies Porter’s approach is Patagonia, an outdoor clothing company, which is committed to creating high-quality products as well as protecting the environment. One example of Buffett’s approach is his investment in Coca-Cola.

Ethics 78