Inflation

With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation. 

The relative lack of inflation in Japan doesn't mean real wages haven't fallen.

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.

Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.

When conservatives applaud unlimited war spending, they not only harm our economy and body politic, but they give the Left a powerful talking point.

A common error in economics is to label increases price increases inflation. Inflation actually is an increase in the money supply, and that increase leads ultimately to price hikes.

Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.

The Federal Reserve is raising interest rates and we know what follows, given there has been more than a decade of malinvestments building up: severe recession.

The Federal Reserve was supposed to prevent recessions that people blamed on the lack of central banking. Not surprisingly, the post-Fed recessions have been worse.