When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Shostak writes, that might not be the best strategy.
Frank Shostak
Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor’s degree from Hebrew University, his master’s degree from Witwatersrand University, and his PhD from Rands Afrikaanse University and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University. Frank’s publishes frequent posts on economics and the markets on his Substack page.
Media
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Is Deflation Bad for the Economy? -
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Inflation and Economic Growth
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Can Econometric Models Fulfill the Role of an Economic Laboratory?
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How Does Money Acquire its Value?
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Can Surveys Provide Insight Into the State of the Economy?
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The Questionable Role of Quantitative Methods in Economics
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Do Financial Markets Operate Upon Superior Knowledge?
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The Futility of Price Stability Policies
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Why Recessions Are Not about Declining GDP
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Wealth Generation and the Market Economy
