financial analysis Dual Mandate

A country song about how hard it is to be a central banker.

Background:
http://www.pbs.org/newshour/making-se...

The PBS NewsHour aired a report on the Fed's dual mandate in October, 2014. It features Paul Krugman, Charles Calomiris, and this song: http://youtu.be/ppXjeRbQq5w

Other economists, including Alan Greenspan, comment on the song here:
http://www.pbs.org/newshour/making-se...

The lyric:

"Dual Mandate"
by Merle Hazard

It’s awfully hard to be a central banker
Rich folks like to see the currency strong
But the average Joe’s not overjoyed if he’s destitute, and unemployed
Seems like every time I choose, I’m choosin’ wrong

The right says I should tighten up on credit
To keep the risk of inflation nice and low
But the left, and many economic scholars, are urgin’ me to print more dollars
I’m torn between the two ways I could go

I’ve got a dual mandate
Dual mandate
I gotta keep prices stable
While giving jobs to those who’re able
Dual mandate
Dual mandate
My job is harder than you’ll ever know

Unlike here in the U.S., the Bank of England has it pretty easy
And so, I hear, does Europe’s ECB
Their goal is for stable price
That’s pretty simple, must be nice:
A single mandate. Unlike poor, unlucky me

‘Cause I’ve got a dual mandate
Dual mandate
I gotta solve labor’s troubles
Without creatin’ financial bubbles
Dual mandate
Dual mandate
It’s tough for me to make the economy grow
My job is harder than you’ll ever know

financial analysis Dual Mandate
170 Likes	170 Dislikes
17,365 views views	4.85K followers
Music	Upload TimePublished on 29 Oct 2014

Related keywords

satire comedy,satire synonym,country singers,financial problem,funny friends,satire websites,funny honey,country inn and suites,songs for kids,country kitchen,financial analyst,satire brewery,financial advisor,funny family games,country door,funny family games tv,country flags,satire news,satire vs sarcasm,funny moments brawl stars,financial management course,satire cartoons,satire vs parody,country love songs,songs about summer,funny перевод,songs about love,country curtains,songselect,financial report,countrywide insurance,financial system,songs with good bass,funny videos,songs by queen,financial intermediaries,financial statement analysis,financial instruments,songs about rain,satire definition,songs about growing up,financial institutions,country concerts near me,financial ratios,financial market,satire topics,songs in the key of life,funny moments,financial literacy,funny bunny,satire articles,funny pictures,funny video,country rap song,funny cats,financial plan,satire literary definition,country roads lyrics,satire in a sentence,songs from the 70s,financial accounting and reporting,country music,funny family,country music hall of fame,funny games tv,songs about family,funny games,country fried steak,financial accounting,satire movies,country fair,country roads,songs to sing,satire examples,funny family games tv привет сосед,funny animals,financial statement sample,funny cat,funny family games tv roblox,satire meaning,songs about missing someone,country club,songs about friendship,country clubs near me,satire in huckleberry finn,songs about money,satire books,funny love,satire is best defined as,songs about death,songs from the 80s,satire brewing,songs 2019,financial statement,country songs,songsterr,financial management,country code,songs about depression,