Tag Archives: federal reserve

Monetary Policy, Explained

Minutes from the March 13 Federal Open Market Committee meeting were released Tuesday afternoon.  Upon perusing the record of proceedings, Wall Street was shocked to discover there was no discussion of monetary easing options.  Traders promptly sold.  Then, on Wednesday, … Continue reading

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The Fed’s Next Price Fixing Scheme and You

Free markets these days are always and everywhere under assault.  Europe, China, Japan, and the United States, among others, are delving into extreme economic intervention.  For whatever reason, uplifters around the globe have taken it upon themselves to meddle in … Continue reading

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Sowing the Seeds of Mass Inflation

Around the time Elvis Presley choked on his last pill the impossible happened; inflation and unemployment increased simultaneously.  Economists were confounded. According to the Philips curve there was supposed to be an inverse relationship between inflation and unemployment.  When the … Continue reading

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Everything that’s Wrong with Everything

Is the economy improving or stagnating?  Are businesses hiring or firing?  Is the stock market a buy or a sell?  Will monetary inflation prevail over debt deflation? Quite honestly, we don’t know the answers to these questions.  Nonetheless, we have … Continue reading

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