The Fed

Displaying 81 - 90 of 1965

The Chimera of a Postpandemic Postwar Return to Monetary Normal

The FedInflationMonetary Policy


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


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


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


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


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


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


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


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


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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