The Fallacy of Market Monetarism
The original monetarists (Milton Friedman), Scott Sumner, and problems with market monetarism.
Monetary Policy
Displaying 451 - 460 of 612
Like the Fed, the ECB Is Still a Long Way from “Normal” Monetary Policy
It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation.
Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
Consumers, Workers, and Monopolies: Free Markets Serve All
The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.
Powell Is the New Arthur Burns, Not the New Paul Volcker
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.
How the BOJ Created “Noninflationary” Money While Ruining the Japanese Economy
The relative lack of inflation in Japan doesn't mean real wages haven't fallen.
The Fed’s Tightening Will Only Drag Out the Economic Slump
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
Rising Interest Rates May Blow Up the Federal Budget
Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.
Why the US Should Default
Jeff and Bob discuss the effect of rising interest rates on Uncle Sam's ability to service debt—and promote the increasingly less radical idea that a default on Treasury debt is both inevitable and good.
