Trillions - 19FortyFive
In the 1950s, then-Federal Reserve Chairman William McChesney Martin famously observed that “inflation is a thief in the night and if we do not...
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In the 1950s, then-Federal Reserve Chairman William McChesney Martin famously observed that “inflation is a thief in the night and if we do not...
Today’s strong jobs numbers lend support to those who think that the Federal Reserve is falling behind the curve in its monetary policy implementation....
According to an old adage, when you find yourself in a hole, stop digging. Now that the Federal Reserve finds itself in not one...
Much of the current inflation debate is centered on the supply-side factors that have driven US inflation up to its highest level in the...
Nearly 50 years ago, in the heat of August 1971, President Richard M. Nixon issued Executive Order 11615 to impose the first wage and price controls...
The best that can be said of today’s Federal Reserve meeting is that the Fed is no longer in total inflation denial. However, it...
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...
John Maynard Keynes famously said: “When the facts change, I change my mind. What do you do sir?” One has to hope that now...
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...
Judging by Fed Chief Jerome Powell’s recent pronouncements, today’s slightly higher than expected consumer price inflation numbers are almost certain to be dismissed by...