Beware, Dissenter of the Monetary Regime
Tim Duy takes to Bloomberg to warn the world about the possibility of "hard-money" advocates getting into the Fed.
The Fed
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Steve Mnuchin Defends the Myth of Fed Independence
The idea that the Federal Reserve is "independent" is at best naive, and at worse purposefully misleading.
Janet Yellen’s Bland 2017 Forecast
Fed Chair Janet Yellen’s recent speech at Stanford University certainly was much like Ms. Yellen herself: predictable and safe.
Janet Yellen’s 2017 Outlook
2017 will be an interesting year with the uncertainty of a Trump administration and the growing need for fiscal policy reform ahead.
What Trump Could Do
Today Donald Trump becomes president of the United States. Voters rejected the devil they know so well — Hillary Clinton — for the devil they don’t.
The Money Myths Behind the Creation of the Federal Reserve
Roger Lowenstein's new book on the Federal Reserve relies on some well-worn myths about the monetary history of the United States.
Will Trump Continue the Bush-Obama Legacy?
The only way to avoid fiscal crises is to stop increasing spending and instead begin reducing spending on all aspects of the welfare-warfare state.
The Fed Needs Competition, Not Rules
If a monetary rule like the Taylor Rule is not a solution to the problem of the Fed, what is? Competition.
Dollar Retreats from Highs as FOMC Stays Skittish
The Fed keeps hinting that it plans to raise the target rate more than once this year. But, the Fed's level of confidence is near zero.
