From his Twitter feed:
Lets shut down the Fed/all banks & go back to that bucolic autartic economy of barter where i sell you the potatoes i grow for your tomatoes
1 hour ago
Idiot who can’t count #: all my crisis dates BEFORE Fed "@katesfirstmate:12/15 of your panic/crisis dates occurred AFTER the fed was created
1 hour ago
Ignoramus of the Day. Read fin history be4 Fed @SubirG: free market can’t exist with the central bank manipulating incentives to lend/spend.
3 hours ago
Laissez-faire free market lunatics blame it all/always on Fed & Keynesian fiscal policies:too bad fin crises were more severe be4 Fed/Keynes
3 hours ago
Banking crises more frequent/destructive in 18-19th centuries when there was no Fed/Keynesian policies (the punchbag of voodoo hacks)
3 hours ago
Last 3 US recessions (1990, 2001, 2007-09) caused by boom/busts caused by PRIVATE sector’s manias/panics: S&L, tech bubble, housing bubble
4 hours ago
Return to financial crises after laissez faire de-reg of fin system in '80s: S&L crisis, tech bubble/bust, housing bubble/bust in '07-09
4 hours ago
3 decades of growth & no financial crisis in 1940-70 with proper reg/sup of banks, New Deal institutions & Fed/fiscal policy smoothing cycle
4 hours ago
Great Depression caused by voodoo laissez faire de-reg, Fed not easing after crash, no fiscal stimulus & letting disorderly bank collapses
4 hours ago
Financial crises be4 the Fed was created: Panic/Crisis of 1772, '92, '96-97, 1819, '25, '37, '47, '57, '68, '73, '84, '90, 1901,'07, '10-11
4 hours ago
Happy/stable bucolic world before the Fed: Panic/Crisis of 1772, '92, '96-97, 1819, '25, '37, '47, '57, '68, '73, '84, '90, 1901,'07, '10-11
4 hours ago
Bubbles, boom/busts, financial crises were virulent/endemic to capitalism well before central banks were created. Fed created to stop that
4 hours ago
Central banks/Fed were created after repeated/destructive financial crises & boom/busts let to have a lender of last resort to stop panics
4 hours ago
Bucolic uninformed naive delusion/myth that world was better be4 central banks were created: Financial crises were more nasty before the Fed
4 hours ago
Read my Crisis Economic book on destructive frequency/virulence/damage of financial/economics crises before central banks were created
4 hours ago
Economic & financial crises & boom/busts were much more frequent, nasty, virulent, destructive of jobs & wealth before the Fed was created
4 hours ago
And also lets all go back to the 18th century & be farmers growing our own food on our little land plot @rcwhalen: shut down Fed & Nat Banks
5 hours ago
One thing is to break up TBTF huge banks; another to close the Fed @rcwhalen:Fed, National Banks are just federal vehicles for leverage/debt
5 hours ago
Yes lets go back to quixotic old-times of Dime Bank of the Bowery @rcwhalen: Fed, Nat Banks are just federal vehicles for leverage/debt.
5 hours ago
One may agree or disagree with Fed policies. But proposing ending the Fed is lunatic @rcwhalen: Opposition to Fed isn’t matter of economics.
5 hours ago
Voodoo economics/politics: R Perry & R Paul book titles: Fed Up & End the Fed Perry: most of fed gov is unconstitutional. Paul: the Fed too.
5 hours ago