Money and Banks

Displaying 11 - 20 of 2085

Too Much Inflation? Just Raise the Inflation Target!

Money and Banks

Blog09/23/2021

The new "2 percent average" standard from last year helped the inflationists, but there are now calls for scrapping the "too low" 2 percent inflation limit altogether.

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Before a Bust, There Is Always a Boom (and Malinvestment)

Money and Banks

Blog09/22/2021

An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation.

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Europe Faces a Fragile Economy as the Merkel Era Ends

Money and Banks

Blog09/22/2021

A euro collapse, rather than gas prices and bottlenecks, is the most likely source of sustained high CPI inflation in Europe following the Merkel era.       

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The Eurozone Is Going down the Same Stagnating Road as Japan

Money and Banks

Blog09/18/2021

As Japan did, the eurozone is betting all on government spending, stimulus packages, and massive debt monetization. In other words, there is no real economic recovery in sight. 

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You'll Be Shocked the Learn There's Corruption at the Fed

Money and Banks

Blog09/16/2021

Some fed officials simply shrugged off what was an obvious conflict of interest when they traded stocks and real estate holdings while making policy. The rules don't apply to central bankers.

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The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price

Money and Banks

Blog09/15/2021

Petrou's new book on monetary policy details how the Fed's turn toward QE and ultralow interest rates have done wonders for billionaires while impoverishing millions of ordinary people. 

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Can Economic Data Explain the Timing and Causes of Recessions?

Money and Banks

Blog09/15/2021

Without establishing the underlying causes of boom-bust cycles, employing policies in response to changes in economic indicators to counter economic cycles is likely to destabilize the economy.

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The Political Alchemy Called Modern Monetary Theory

Money and Banks

Blog09/14/2021

MMT is a pseudoreligious conviction that anything is possible and that the one and only solution is always Glorious Government.

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The Fed's Plan Is Failing: Stagflation Looms as Job Growth Stalls

Money and Banks

Blog09/06/2021

The Fed’s apparent plan to somehow get to full employment and then deal with inflation sounds nice, but reality could easily derail the plan. Meanwhile, job growth is low and prices are rising.

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We Don't Need a Central Bank to Deal with Changes in the "Demand for Money"

Money and Banks

Blog09/04/2021

Just because the demand for money changes over time doesn't mean we need a money supply that changes over time also. 

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