The Fed

Displaying 11 - 20 of 1539

The Fed Now Wants Even More Inflation. The Old "2 Percent Target" Wasn't Enough.

The FedInflationMonetary Policy

Blog09/02/2020

The most important insight of the Fed's move to increase its inflation target is this: central banks don't much like to follow "rules." They make the rules.

Read More

2020 Will Be a Record-Breaking Year for Debt. How Long Can This Last?

InflationThe FedTaxes and Spending

Blog08/26/2020

We’re in a terminal debt spiral. The only question is how long it will last until the patient succumbs.

Read More

Swamponomics: Trump's Fed Pick, a Kodak Moment, and GDP Misinformation

Cronyism and CorporatismThe FedFinancial Markets

Blog08/08/2020

Kodak's newly announced $765 million loan is just another case of DC picking winners and losers.

Read More

Yes, QE Creates Wealth Effects

The FedFinancial MarketsMonetary Policy

Blog07/24/2020

According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.

Read More

Why the Central Bank "Bailout of Everything" Will Be a Disaster

Cronyism and CorporatismThe FedMoney and Banks

Blog06/24/2020

The largest fiscal and monetary support plan since WW II has been instigated with two dangerous collateral effects: the rise of zombie companies and the collapse of small businesses and startups.

Read More

Even if COVID-19 Goes Away, the Economy Isn't Going Back to "Normal"

The FedGlobal EconomyU.S. History

Blog06/18/2020

When the current panic and crisis began, we were already in the late stages of a long asset price bubble. The crisis has exposed the fragility of the current system and we won't be going back to where we were before.

Read More

Central Banks Are Destroying What Was Left of Free Markets

InflationThe FedMonetary Policy

Blog05/23/2020

The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.

Read More

The Current Crisis Has Its Roots in the Central Bank

The FedMoney and Banks

Blog04/27/2020

By protecting banks from the costs of poor investment decisions, central banks encourage further risk taking and malinvestment. They also prevent liquidation, which brings failed businesses' assets to the market at bargain prices, allowing new businesses to emerge from the detritus.

Read More

The Fed Has Gone Nuts. And It Can Get Worse.

The FedTaxes and SpendingMoney and Banking

Blog04/27/2020

The new Fed policy proposals being floated carry significant political risk, because they enjoy support not just from the redistributionist left, but also “business conservatives” happy to raid our future to make their pain stop.

Read More

The Destructive Effects of the Coronavirus Relief Package

The FedTaxes and Spending

Blog04/23/2020

Central banks are at the heart of government mega–bailout packages. Their ongoing expansion of the money supply won't end well.

Read More
Shield icon library