inflation
-
•
Modern Monetary Theory and the Challenge of Endogenous Money Supply
The Fed’s balance sheet, and its influence, remain enormous. A lighter touch at the top would allow more flexibility in the economy.
-
•
The FOMC Should Hold Rates Steady
Monetary policy remains tight. We have enough data to see a (hopefully temporary) stall in disinflation. FOMC should keep its target rate at 4.50 to 4.75 percent for now.
-
•
The Commercial Mortgage Crisis Deepens
An increasing number of commercial properties are in financial distress and running out of options for refinancing relief.
-
•
Are We Doomed To Relive Nixon-Era Inflation?
A fluctuating value of money and debt tips the scales to make winners and losers. Government wins more of our wealth. Everyone else suffers.
-
•
Does Trump Owe the Fed a Thank You?
The Fed flooded the economy with new money, driving prices up. Voters responded to inflation by booting the incumbent administration.
-
•
The Ongoing Case for Argentine Dollarization
Pegging the peso to the dollar not only solidifies economic improvement and lower inflation, but protects against future populist regimes.
-
•
Modern Monetary Theory and the Challenge of Endogenous Money Supply
The Fed’s balance sheet, and its influence, remain enormous. A lighter touch at the top would allow more flexibility in the economy.
-
•
The FOMC Should Hold Rates Steady
Monetary policy remains tight. We have enough data to see a (hopefully temporary) stall in disinflation. FOMC should keep its target rate at 4.50 to 4.75 percent for now.
-
•
The Commercial Mortgage Crisis Deepens
An increasing number of commercial properties are in financial distress and running out of options for refinancing relief.
-
•
Are We Doomed To Relive Nixon-Era Inflation?
A fluctuating value of money and debt tips the scales to make winners and losers. Government wins more of our wealth. Everyone else suffers.
-
•
Does Trump Owe the Fed a Thank You?
The Fed flooded the economy with new money, driving prices up. Voters responded to inflation by booting the incumbent administration.
-
•
The Ongoing Case for Argentine Dollarization
Pegging the peso to the dollar not only solidifies economic improvement and lower inflation, but protects against future populist regimes.