Tag Archives: jerome powell

How Inflation Got Away from Washington Screw Ups

Being a government hack has its advantages. You get eleven paid holidays per year. You get promoted for poor performance. The benefits are superb. Best of all, you can get remarkably rich…even if you’re a screw up. Continue reading

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Powell’s Pivot to Nowhere

Slow growth. High prices. The U.S. economy – and the global economy – was already facing these disagreeable prospects before Putin invaded Ukraine. Continue reading

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How Central Planners Corrupted the World

The impossible happened in the late-1970s. Inflation and unemployment simultaneously went vertical. Leading economists were baffled. This contradicted their academic training. Continue reading

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Pre-2020 Prices are Gone Forever

Price inflation is completely out of hand. You know this. Your dog knows it too. Still, President Joe Biden wants you to believe he’s got it all under control. Last month, for example, White House Press Secretary Jen Psaki insisted inflation is decreasing. What a crock! Continue reading

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