Mises Wire

Central Banking Bard

Central Banking Bard

Dallas Fed President Bob McTeer, it seems, often breaks from promoting easy money policies in order to write poetry.  Here is an excerpt:

It would also be swell
To be a member of the
Committee on Personnel.

A master of the universe I wanted to be
That was important to me.

But I’ve lowered my sights somewhat
Since I’ve aged, and gone to pot.

Although McTeer probably shouldn’t quit his day job, he might appreciate that if central bankers ever returned to their traditional roles of simply pegging the money supply to an existing amount of gold, his day job would be greatly simplified, freeing him to develop his prose skills.

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