The Elephant Squashing the Financial Markets
With all the wild events of the last few months, central-bank liquidity appears to have the most significant influence.
U.S. Borrowing Is the Wuhan of Global Inflation
It is undeniably true that the U.S. dollar’s role as the world’s reference currency has served as a transmission mechanism for exporting inflation to the world.
Can the Fed Get Out of Its Own Box?
It needs to exhibit the decisiveness and deftness of its original pandemic response.
How Deficit ‘Stimulus’ Supercharged Inflation
Biden’s ‘American Rescue Plan’ came at just the wrong time.
The Debt-Binge Bust
Fiscal responses to recent recessions have shown Keynesian stimulus to be ineffective.
How Will the Housing Bubble Burst?
Monetary policy has caused this bubble, and only monetary policy will cure it.
Not Your Father’s Infrastructure
If the past five decades are any guide, the Senate infrastructure bill is unlikely to stimulate economic growth.
The Fed and Markets Are Right about Inflation
Why investors are predicting moderate inflation.
U.S. Economy to Fed: ‘No Mas’ QE
It’s absurd to pump money into the economy with one hand while draining it with the other.
Corporate Tax Hikes Would Kneecap the Economy
Biden wants to make corporations pay their ‘fair share’ at the expense of economic growth.