Monetary Policy

Displaying 11 - 20 of 105

Turning to Keynes in this Crisis Will Only Make Things Worse

Booms and BustsMonetary PolicyProduction Theory

Blog09/19/2020

If policymakers finally let a real economic "correction" and recession happen, it means the economy will finally turn toward doing what the consumers actually want.

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Inflation as a Tool of the Radical Left

InflationMonetary PolicySocialism

Blog09/17/2020

It becomes clear that ramping up inflation is a tool for those who wish to overthrow the existing economic and social order—to get rid of what little is left of the free market system.

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The Saving Problem in America: Alternatives and Reforms

Monetary PolicyTaxes and SpendingCapital and Interest Theory

Blog09/15/2020

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save.

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The Fed’s New Policy Risks a Return of the 1970s

The FedMonetary PolicyU.S. History

Blog09/10/2020

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

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The Fed Promises More Dollar Destruction

InflationThe FedMonetary Policy

Blog09/10/2020

A zero interest rate policy, unlimited asset buying, Wall Street bailouts, etc. This is a never-ending monetary accommodation that leaves you asking: What else will the Fed do after inflation averaging?

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The Fed Now Wants Even More Inflation. The Old "2 Percent Target" Wasn't Enough.

The FedInflationMonetary Policy

Blog09/02/2020

The most important insight of the Fed's move to increase its inflation target is this: central banks don't much like to follow "rules." They make the rules.

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Protectionism and "Weak Dollar" Trade Policy

InflationMonetary Policy

Those who advocate for a "weak dollar" to encourage trade with American firms show how little confidence there is in American industry. Meanwhile, cheapening the dollar punishes savers and ordinary workers.

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Why Americans Are Looking for a Safe Haven from the Dollar

Monetary PolicyStrategyTaxes and Spending

Blog08/27/2020

As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.

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Hopes for "China-ization" of Europe's Economy Fuels the Latest Investor Frenzy

Monetary PolicyTaxes and Spending

Blog07/30/2020

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

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MMT's Very Odd Definition of "Savings"

Monetary PolicyInterventionismOther Schools of Thought

Blog07/30/2020

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

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