Tom Mullen

Articles

Is the Fed Loosening or Tightening? It’s Complicated.

12/22/2024 Mises Wire Tom Mullen

Since September, Jerome Powell’s Federal Reserve System has been cutting rates as if a financial crisis were looming. Just as in 2006, Powell raised the federal funds rate to 5.25 percent in the...

The Fed’s Fiat Money Is the Real Cause of Price Inflation

08/27/2024 Mises Wire Tom Mullen

During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer...

Media

The Fed’s Fiat Money Is the Real Cause of Price Inflation

08/29/2024 Tom Mullen

Politicians say "greedflation," and profits are what fuels rising prices, but the real culprit is fiat money creation fueled by the central bank.

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