Category Archives: Federal Reserve

Can the Fed Kill This Inflation Without Killing Too Many Other Things First?

Why having central banks as the inflation shock troops is not such a hot idea.

Housing Bubble Getting Ready to Pop: Mortgage Applications to Purchase a Home Drop to Lockdown Lows, “Bad Time to Buy” Hits Record amid Sky-High Prices, Spiking Mortgage Rates

The increase in interest rates is finally denting mortgage and housing activity of all sorts.

What Is Really Causing Our Inflation: “Inflation in a Time of Corona and War”

Finally! Evidence-based answers to the main (policy) questions concerning the return of high inflation.

Housing Bubble Getting Ready to Pop: Unsold Inventory of New Houses Spikes by Most Ever, to Highest since 2008, with 9 Months’ Supply, Sales Collapse at Prices below $400k

The housing market is starting to unravel at the lower end, with new home purchases taking the biggest hit.

Fighting Inflation Excuse for Class Warfare

Too many central bankers are raising interest rates at the expense of working people’s families, supposedly to check inflation.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Inflation Freakout and Possible Fed Overshoot

There’s a lot of nattering about inflation and not enough insight.

Record High Diesel Prices Will Ripple Across The Economy

The diesel crunch is getting more acute. What could happen next?

Overheating Conditions Indicate High Probability of a US Recession

Larry Summers tells us a recession is coming….sometime….because the US is having too good a time job-wise.

Stagflation Threat: Be Pragmatic, Not Dogmatic

More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.

Corporate Legacy Debt, Inflation, and the Efficacy of Monetary Policy

Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.

Inflation Targeting Constrains Development

The rich have influenced most developing countries to prioritize inflation targeting in monetary policy instead of adopting bolder economic policies for growth, jobs and sustainable development.

Inflation Targeting Voodoo

Why central bank fixation with inflation targeting is dodgy to detrimental.

Commodities Price Increases and Prospect of Shortages Feeding Inflation Fears

Many commodities, particularly metals and energy, are in short supply, which points to even higher prices.

Resist Inflation Phobia Coup

Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.