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Fed flirts with stimulus
As expected, the Federal Reserve signaled its commitment to fighting inflation by holding interest rates steady at this week’s Federal Open Market Committee meeting. It…
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Weak GDP is first stress test for inflation fighters
I have been saying for a while that inflation expectations will remain high until policymakers prove they can restrain their stimulus spending during an economic…
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February inflation stays high, fiscal credibility remains a problem
Headline CPI inflation numbers sped up in February. Monthly inflation increased 0.3 percent in January, and 0.4 percent in February. Year-to-year inflation is 3.2…
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Bitcoin’s Undiscovered Potential
A recent piece in American Banker magazine explores how Bitcoin and other cryptocurrencies can help the underprivileged, particularly the millions of unbanked people who…
Forbes
Fed Readies Reverse Repo Hoping To Soak Up QE Cash
Everyone, it seems, loves asset inflation. What could be more satisfying than watching the value of your home, your stocks, and your 401(k) soar, especially…
Forbes
Janet Yellen To Too-Big-To-Fail Banks: Party On!
The king is dead; long live the king. As America’s great money printer prepares to hand over the reins to a presumptive successor determined to…