Krugman and the “Heroic” Fed
If Krugman had his way, government agencies would have unlimited powers to control the economy, since government agents know better than everyone else.
Money and Banking
Displaying 531 - 540 of 1985
Seeking More QE for Japan — Abe Calls Snap Election
The Bank of Japan is even more committed than the Fed is to continued QE and easy money.
Can a Modern Central Bank Still Be a “Banker’s Bank”?
The culture of central banking has ventured so far from a culture of restraint that it's unlikely anything but abolition will now fix matters.
How Much Do Central Banks Cost Us?
Anti-gold advocates claim that precious metals are wasteful. This is hardly convincing when we look at the fat budgets and payrolls of central banks.
Can We Blame the New iPhone’s Mediocrity on Inflation?
To keep up with inflation, Apple needed to raise prices. But they also needed to add features to the iPhone to justify the price increase.
In a Cashless World, You’d Better Pray the Power Never Goes Out
Getting rid of physical cash only makes an economy more fragile.
Why the Euro Took a Dive After Merkel’s Re-Election
Angela Merkel may now be forced to include the Free Democrats in her new coalition. That's bad news for those who favor a more centralized EU.
Yellen: The Economy May Be Weaker than We Thought
At the rate we're going, the Fed will need another 8 years to get the target interest rate up to 2 percent.
Why Does US Price Inflation Remain Relatively Subdued?
What matters here is not the price levels. What matters are the increases in money supply which undermine the real wealth generation process.
Week in Review: September 23, 2017
Will a slow reduction in QE truly help? Or, is this just another wishful act from a Fed that has no clue of how to truly help.
