Thornton Corrects Fed in the Wall Street Journal
The Fed cannot see the natural rate of interest, but it is right before its eyes.
The Fed
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Let’s Ditch the Fed for the Right Reasons
John Tamny is right that we don't need the Fed. Unfortunately, his new book on the Fed goes off course while explaining why.
If the UK Economy Tanks, Don’t Blame Brexit
The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.
The Problem Isn’t Fed Policy — It’s the Fed
No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.
The Fed and Bernanke Are Wrong About the Natural Interest Rate
If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.
Sen. Toomey Pushes Yellen on Fed Distortions
Sen. Toomey should read Mises or Rothbard, and check other resources on mises.org, and he'd be able to grill Yellen with greater intensity next time.
Yellen’s Senate Hearing: Fed’s Forecasting Has Lost All Credibility
The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.
The Fed Pours Water on the Job-Growth Hype
The Fed admits the jobs data is worsening, and sees no way to raise rates without torpedoing the tepid recovery.
Concerned About Job Growth, the Fed Backs Off Raising Rates
The FOMC appears to be downbeat about job gains, stating that the "pace of improvement in the labor market has slowed."
Central Bankers Are Wrong About Inflation and Deflation
Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.
