Without Easy Money from the Fed, Home Prices Will Keep Falling
Home price growth of the sort we've seen in recent years simply cannot be sustained without a continued commitment to easy money from the central bank, and it shows.
Home price growth of the sort we've seen in recent years simply cannot be sustained without a continued commitment to easy money from the central bank, and it shows.
While we speak of a desire for honest money, the larger problem is that the Federal Reserve System cannot coexist with an honest money regime.
Government inflation makes people’s responses much more delayed, leaving people’s value adding greatly degraded.
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
This year's trio of Nobel winners in economics are short on actual economics and long on government intervention.
In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.
This year's trio of Nobel winners in economics are short on actual economics and long on government intervention.
This is the "American dream" the Fed has given us: work more jobs and longer hours to keep paying those bills that are now growing at 8 percent per year.
Government inflation makes people’s responses much more delayed, leaving people’s value adding greatly degraded.
Bob and Jeff discuss the nauseating elevation of former Fed Chair Ben Bernanke to Nobel Prize winner.