Record High Diesel Prices Will Ripple Across The Economy
The diesel crunch is getting more acute. What could happen next?
Read more...Category Archives: Federal Reserve
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.
Read more...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.
Read more...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.
Read more...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.
Read more...Inflation Targeting Voodoo
Why central bank fixation with inflation targeting is dodgy to detrimental.
Read more...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.
Read more...Resist Inflation Phobia Coup
Efforts to cure inflation, at least for poorer countries, will prove to be more damaging than the disease.
Read more...New Report: Monetary Policy Without Interest Rate Hikes
A fresh report lead authored by Nathan Tankus takes on orthodoxy monetary policy ideas and provides Modern Monetary Theory solutions.
Read more...Inflation Paranoia Threatens Recovery
Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.
Read more...Bad as QE Was, Unwinding It Rapidly Could Be Worse
Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...The Saker Interviews Michael Hudson
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...Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts
A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
Read more...Michael Hudson: What is Causing So Much Inflation?
Economist Michael Hudson explains the inflation crisis and Fed’s secretive $4.5 trillion bank bailout.
Read more...The Fed Sets Out to Kill the Economy to Save It
The Fed is trying to solve an economic problem that is largely outside its reach.
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