Tag: inflation

A Transformed Federal Reserve

By Erik Loomis

In General

On February 14, 2021

I am not one to dismiss the inflation of the 1970s as a very serious policy problem at the time. Obviously, anyone who lived through that is aware of it. But the lessons of the 1970s have been vastly overlearned by elite economists, who have created a financial policy in the nation with little else […]

General

The 1970s May Finally Be Over

By Erik Loomis

On January 20, 2021

For a very long time, I’ve been frustrated with how even liberal economists are basically living with the trauma of the late 70s and can’t think beyond the idea of INFLATION IS EVILLLLLLL!

General

The Fed and Job Growth

By Erik Loomis

On February 19, 2017

Nothing excites the blood like the fed and monetary policy. So here’s a great piece by Dean Baker getting after the fed for raising interest rates and causing unemployment. However, there is lit

Interest Rates

By Erik Loomis

In General

On November 18, 2015

I’m surprised the Federal Reserve hasn’t raised interest rates yet as it’s been rumored for a good year. But the time is coming, despite Janet Yellen doing some work to forestall it thus far. And it is a bad idea because not only is inflation not a problem, but the underlying economic factors that are […]

truffautfan Comment may get repeated in VS thread. What I am trying to figure out is why does the creative class of middle-class to upper-middle class professional liberals generate such scorn? Why also do they...
Bobos in Trumpland · August 3, 2021
LeeEsq Speaking of class I just started reading a new book on WASPS.
Bobos in Trumpland · August 3, 2021
CP Yeah. Never been able to agree on that. Especially with the ever-increasing number of people who either have college degrees or incomplete college educations but are still working dead-end jobs,...
Bobos in Trumpland · August 3, 2021
Clark Ashton Kutcher J. Otto Pohl.
Bobos in Trumpland · August 3, 2021
TN It doesn't ever seem to occur to these reporter that there's a certain segment of society that has the have time to hang out at a diner. It's not somebody driving an Amazon Prime truck or teaching...
Bobos in Trumpland · August 3, 2021