The Fed

Displaying 81 - 90 of 1965

The Chimera of a Postpandemic Postwar Return to Monetary Normal

The FedInflationMonetary Policy

Blog01/12/2023

Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.

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Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability

Central BanksEconomic PolicyThe FedInflation

Blog01/03/2023

Central bankers follow inflation "target" in their pursuit of "price stability." Not surprisingly, they usually miss their targets -- quite badly -- and we now are living one of those moments.

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Woodrow Wilson's Christmas Grift of 1913

Central BanksCronyism and CorporatismThe FedProgressivism

Blog12/26/2022

Two days before Christmas, 1913, the infamous "creature from Jekyll Island," the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since.

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History Shows High Inflation Can Last Over Ten Years

The FedInflation

Blog12/20/2022

Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs.

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The Economic Super Bowl: 1920–21 versus 1930–31

Booms and BustsEconomic PolicyThe FedHayekBusiness CyclesGold Standard

Blog12/17/2022

By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921. Why the difference?

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Father Time versus Central Bankers

Central BanksThe FedMonetary PolicyU.S. EconomyMonetary TheoryMoney and Banking

Blog12/14/2022

Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.

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Digital Currency: The Fed Moves toward Monetary Totalitarianism

The FedProgressivismSocialismMoney and Banking

Blog12/09/2022

One hardly can imagine a better tool of social control than a digital currency. Not surprisingly, U.S. monetary authorities are moving in that direction.

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Fiat and Gold: Two Fixes for a Broken US Monetary Base

The FedGold StandardMoney Supply

The US monetary system is out of sorts and out of control. The authors show a path back from the inflation brink to monetary soundness.

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The Fed Is Not "a Good Idea that Became Corrupt": It Always Was Corrupt

The FedProgressivismU.S. History

Blog12/01/2022

It is easy to think of the Fed as a good institution that simply lost its way. In truth, it was a bad idea and a bad institution from its beginning.

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The Federal Reserve's (Permanent) Knowledge Problem

The FedHayek

Blog11/23/2022

Federal Reserve officials, for all of their alleged wisdom and education, have a knowledge problem. Hayek and other Austrians could have told them their grandiose plans will fail.

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