Tag: inflation

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A Transformed Federal Reserve

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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 […]
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Interest Rates

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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 […]
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