Does low US price inflation provide room for a more aggressive Fed?
byThe US Federal Reserve can keep stimulating the US economy because inflation is posing little threat, Federal Reserve Bank of Minneapolis President Kocherlakota said….
Inflation
Valuing gold and turkey-farming
byToday’s financial markets are built on the sand of unsound currencies. Consequently brokers, banks and investors are wedded to monetary inflation and have lost…
End the Fed’s War on Paychecks
byThe Democratic Party has made “income inequality” a signature issue for the 2014 (and, presumably, 2016) election cycle. Democrats, en masse, shout “J’accuse!” at Republicans. …
Don’t Believe Government About Price Inflation
by[Editor’s note, this piece, by Richard Ebeling, is from EpicTimes] It is an old adage that there are lies, damn lies and then there are…
Currency turbulence
byYou’d think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it. The US…
Rethinking Japan’s “Lost Decades”
by[This article, by Peter St. Onge, first appeared at mises.org] One of the great economic myths of our time is Japan’s “lost decades.”…
As Germany loses battle for ECB, QE goes global
byWhat is Super Mario up to? First, he gave an unexpectedly dovish speech at the Jackson Hole conference, rather ungallantly upstaging the host, Ms…
Our obsession with monetary stimulus will end in disaster
byThe following is a commentary I wrote for The Forum section of London business-paper City A.M. The link is here. It is now six…
The wages-fuel-demand fallacy
byIn recent months talking heads, disappointed with the lack of economic recovery, have turned their attention to wages. If only wages could grow, they…
Did “The Nixon Shock” Lead to Nixon’s Resignation?
byThis month we observe the 40th anniversary of the resignation, under threat of imminent impeachment, of President Richard M. Nixon. Nixon aide and loyalist…