Interest Rate Tightening Will Cause Even More Economic Destruction
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
Inflation
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The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
“Transitory” No Longer: Double-Digit Inflation Is Already Here!
Forget the talk from Biden and economists like Paul Krugman. Double-digit inflation is here, and it will be with us for a while.
The Canaries in the Coal Mines Are No Longer Singing
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
Krugman Is Wrong (Again): Artificially Low Interest Rates Created Bubbles
Paul Krugman denies that the Fed artificially suppressed interest rates. As usual, Krugman neither understands interest rates nor the effects of inflationary policies.
Powell Is the New Arthur Burns, Not the New Paul Volcker
With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation.
Here We Go Again: The Fed Is Causing Another Recession
The relative lack of inflation in Japan doesn't mean real wages haven't fallen.
The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
The Fed’s Tightening Will Only Drag Out the Economic Slump
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
Rising Interest Rates May Blow Up the Federal Budget
Congress enjoys exorbitant political privilege in the form of cheap deficit spending—but it may soon come to an end.
