The Fed

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Tho Bishop

Congress seems set to reform the Fed, but what we really need is Fed competition.

Mark Spitznagel

The Fed says it can use a "neutral interest rate" to set policy. But, Fed economists don't understand how the neutral rate works.

Peter Schmidt

At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.

Tho Bishop

As we wait to see what 2017 has in store for us, at least we can enjoy watching Krugman continue to destroy his reputation 140 characters at a time.

Brendan Brown

If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.

Mises Institute

We lost one of the great scholars this week with the passing of Ralph Raico.

Tho Bishop

The Fed still suffers from a trust deficit.

Tho Bishop

Donald Trump's Twitter account is steering the market, the consequence of America substituting markets for central planners.

Tho Bishop

Steve Mnuchin has said little publicly, but his resume does seem to contrast sharply with Trump's populist campaign.