Biden’s Dishonest Attempt To Pin Inflation on Putin
Ten months ago, Jeremy Siegel issued a dire warning about the trajectory of prices. “The money supply since the beginning of the pandemic, so a little over a year, has…
The End of Free-Lunch Economics
Smart economic policymaking invariably requires trading off some pain today for greater future gains. But this is a difficult proposition politically, especially in democracies. It is always easier for elected…
Inflation: A Modern Fiscal and Monetary ‘Mess’
Last week’s announcement that the Federal Reserve is gearing up for a round of tightening in response to runaway inflation raised the question: Where did this inflation mess come from? To some extent,…
Twin Threats To Financial Market Security
It has long been an open secret that the Biden administration has adopted, hook line and sinker, the hard-line positions of the progressive wing of the Democratic Party. Nowhere is…
Recent Inflation Figures Should Not Be Ignored by Policymakers
The sharp increase in consumer prices this spring may be a blip but may also be a sign that inflation is returning as a chronic problem. For those of us…
Central Banks And Climate: A Case Of Mission Creep
Central banks are rushing headlong into climate policy. This is a mistake. It will destroy central banks’ independence, their ability to fulfill their main missions to control inflation and stem…
Confessions of a Quantitative Easer
… the greatest backdoor Wall Street bailout of all time … by Andrew Huszar I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible…