Bob McTeer

Interview with Bob McTeer

How is the Federal Reserve doing since Bob McTeer retired? Bob talks with Jim Blasingame about how the Fed is dealing with current economic challenges, including some of their new tools, whether we're in a recession, the difference between a run on an investment bank and a commercial bank, economy vs inflation, and of course, Jim always makes sure that Bob treats us to his latest haiku.

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How likely is a deflationary recession in our future? Bob McTeer joins Jim Blasingame to report that he believes that neither another recession nor true deflation are imminent, but that the economy is just hitting a hill on the long race to recovery.
Will allowing the Chinese currency to float improve the U.S. imbalance of trade with China? Bob McTeer joins Jim Blasingame to report on the advantages of China allowing its currency to float with the market, rather than be pegged to the U.S. dollar.
Should the Fed be in charge of new consumer banking regs? Bob McTeer joins Jim Blasingame to report on how the new banking regulations for consumers should be folded into the Fed organization.
Will the Fed raise interest rates at this meeting? Bob McTeer joins Jim Blasingame to report whether the Federal Reserve Board will raise interest rates and discuss economic factors they will consider.
Will the sovereign debt crisis lead to dangerous inflation? Bob McTeer joins Jim Blasinagme to discuss whether attempts to bail out European sovereign debt will ultimately lead to dangerous global inflation.