The Folly of Federal Reserve Stabilization Policy: Part I 1948-1985
The Federal Reserve Board is responsible for formulating macro stabilization policy.
The Federal Reserve Board is responsible for formulating macro stabilization policy.
Market participants started the year with aggressive expectations of rapid and large rate cuts.
The Bureau of Economic Analysis released January figures for Personal Consumption Expenditures (PCE) today, including the price index based on that data.
Over the past year, economist Daniel Lacalle has repeatedly warned that the United States is in the midst of a "private sector recession" and that official GDP measures are being propped up by government spending.
Julian exposed what the U.S. empire seeks to airbrush out of history.
Americans are waking up to the lies of the neocons.
Willing buyer and willing seller. These five words form the very basis from which the system of capitalism is based on.
The Consumer Price Index numbers have recently come in with a slight decline to 3.1 percent YOY in January 2023.
Demand Side economists, like Paul Krugman, claim that officials can use changes in the inflation rate and in public debt to “manage the economy”.
In two columns, David Gordon