Trillions - 19FortyFive
The Federal Reserve’s repeated denial that the country might soon have a real inflation problem reminds me of the apocryphal story about the inquest...
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The Federal Reserve’s repeated denial that the country might soon have a real inflation problem reminds me of the apocryphal story about the inquest...
Today’s employment numbers are cause for both celebration and concern. We should celebrate that the US economy is clearly on the mend and more...
John Maynard Keynes famously said: “When the facts change, I change my mind. What do you do sir?” One has to hope that now...
President Joe Biden’s bold budget proposals must raise serious questions about the country’s economic future. Not only do they raise immediate inflationary concerns. They...
Something is very much amiss at the Federal Reserve. The Federal Reserve acknowledges that this year the U.S. economy is set to have its...
Hope is once again triumphing over experience in European policymaking circles. This time it is the European Recovery Fund that it is hoped will...
Today’s strong GDP and employment numbers can leave little doubt that the U.S. economy is well on the mend from last year’s Covid-induced recession....
Throughout his four years in office, Donald Trump measured his administration’s economic success by the stock market’s performance. He did so even though around...
In 2008, U.S. academic economists distinguished themselves by failing to anticipate the U.S. housing and credit market bust that led to the Great Economic...
A specter is now haunting the emerging market economies. It is the specter of U.S. economic overheating that will raise interest rates and provoke...