How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption…
Read More »Alexander W. Salter
President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor…
Read More »How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption…
Read More »Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and…
Read More »"The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t…
Read More »"Economists have a duty to point out just how destructive these proposals are." ~Alexander W. Salter
Read More »"To judge whether monetary policy is loose, it is not enough to show that monetary aggregates are growing at historically…
Read More »"Interest payments now suck up more of the federal budget, leaving less to spend on important political priorities. Since Republicans…
Read More »"Interest rates tell us monetary policy is very tight. The money supply tells us monetary policy is somewhat tight. Will…
Read More »"Why not give the central bank a wider berth, if it helps to stabilize the economy? Because it doesn’t actually…
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