Beckworth and Ireland on NGDPLT
Facebook Twitter LinkedIn David Beckworth’s recent interview of Peter Ireland is one of his very best podcasts—highly recommended. In this excerpt, Ireland is discussing how...
Author : TheMoneyIllusion
Some thoughts on inflation
Ramesh Ponnuru offers some advice to the GOP in Bloomberg: Republicans Can Extend Their Midterm Inflation Advantage Rising prices will help the GOP in November....
Rate hikes do not represent “tightening”
Yahoo recently described the views of Fed Governor Christopher Waller and St. Louis Fed president James Bullard: Fed Governor Christopher Waller and St. Louis Fed...
Why they hate us, part 2
Facebook Twitter LinkedIn In a recent post, I argued that the Chinese public has turned against the US. I also suggested that this change in...
No deep state in Trump’s second term
Facebook Twitter LinkedIn Trump supporters insist that Donald Trump will appoint nothing by loyalists in his second term, no more “deep state” officials preventing Trump...
Yikes! We are growing way too fast
Another day, another data point showing an economy dangerously overheating. The economy grew at a 6.4% annual rate in the first quarter, a rate far...
How do we know that money is getting looser?
Facebook Twitter LinkedIn We don’t know for certain, but the evidence points that way. Ideally, we’d have a highly liquid NGDP futures market. Unfortunately, we...
Why do they hate us?
When I travelled to China in the 1990s, America was highly respected. In a sense, they looked up to the US as a sort of...
Why we need shock treatment
Facebook Twitter LinkedIn When it looked like the Fed would cut rates by 25 basis points last month, I favored 50. Next meeting they are...
Fake new, fake politics
Facebook Twitter LinkedIn Everyone knows that fake news is one of the big stories of the 2010s. But what about fake politics? In a sense,...