After presiding over the biggest Federal Reserve failure in 40 years and with inflation rating as the top concern among Americans, Jerome Powell’s nomination to a second term as chairman was approved this past week by the Senate, 80 to 19. I know the usual arguments for ignoring the Fed’s
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In March, inflation jumped 8.5%, the biggest spike since 1981. Economic growth is expected to slow. Voters are expected to be angry. Yesterday, press secretary Jen Psaki warned, “We expect March CPI
History has a way of repeating itself. Or maybe it’s that people
Many people still blame today’s inflation on snags in globe-spanning supply chains.
After presiding over the biggest Federal Reserve failure in 40 years and with inflation rating as the top concern among Americans, Jerome Powell’s nomination to a second term as chairman was approved
In March, inflation jumped 8.5%, the biggest spike since 1981. Economic growth is expected to slow. Voters are expected to be angry. Yesterday, press secretary Jen Psaki warned, “We expect March CPI
History has a way of repeating itself. Or maybe it’s that people cling to defunct beliefs, stubbornly refusing to learn from experience. Such stubbornness is on display when pundits, legislators and President
Many people still blame today’s inflation on snags in globe-spanning supply chains. The chief proposed solution is to dismantle decades of globalization and bring production home. Some are also pushing for measures
The tragic events of the past week highlight the wisdom in maintaining a fiscally sound house, rather than a highly indebted government, before emergencies strike. Russia’s barbaric invasion of Ukraine and the
As the greatest inflation spike of the last 50 years occurs, the utter failure of economists, their models and many pundits to foresee what was coming is worth highlighting. Of course, the
The fiscal and monetary policies enacted by both the Trump and Biden administrations in response to COVID-19 have encompassed an unprecedented level of government spending, with desultory impacts on our country’s economic
Sometimes, when you go into a store with expensive merchandise on the shelves, you will see a sign that reads, “You break it, you buy it.” That’s a good slogan for the
