Inflation Targeting Voodoo
Why central bank fixation with inflation targeting is dodgy to detrimental.
Read more...Why central bank fixation with inflation targeting is dodgy to detrimental.
Read more...Many commodities, particularly metals and energy, are in short supply, which points to even higher prices.
Read more...Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.
Read more...A fresh report lead authored by Nathan Tankus takes on orthodoxy monetary policy ideas and provides Modern Monetary Theory solutions.
Read more...Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.
Read more...Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]
Read more...A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
Read more...Economist Michael Hudson explains the inflation crisis and Fed’s secretive $4.5 trillion bank bailout.
Read more...The Fed is trying to solve an economic problem that is largely outside its reach.
Read more...The wealth gap rises: Billionaires got more billions, the bottom half of Americans got peanuts and inflation.
Read more...Fed-type models say US inflation will hang around. So the central bank will try to Do Something when it really can’t do much.
Read more...Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...Who’d have thunk it? Beating the workers not only does not improve morale, it is leading them not to turn up at all.
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