Six Things to Consider About Inflation
Increasing the money supply leads to many negative effects that are not measured as price inflation in measures like the CPI.
Increasing the money supply leads to many negative effects that are not measured as price inflation in measures like the CPI.
Some inflation hawks are beginning to speak up at the Fed. But will they be enough to put the brakes on the current easy-money experiment?
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.
Professor Herbener offers a primer on the Fed from an Austrian perspective.
Far from being neutral, inflation leads to changes in political institutions, and these changes push up unemployment over time.
With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.
There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.
It is impossible to isolate the "natural rate" and policies aimed at an unknown interest-rate target end up increasing instability.
Do central banks have a plan? Do they know what they are doing? The BBC wonders, and Jeff Deist provides some of the answers.
As in much of the globe, central bankers in Britain are quickly replacing elected politicians as the most visible and powerful public officials.