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Thanks to the Fed’s balance sheet and the Fed’s policy on reverse repurchase agreements, it’s hard to tell whether the Fed is being hawkish...
One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation,...
First the Federal Reserve raises interest rates—and then it cuts them. The economy is “great,” but apparently needs constant adjustment. The Fed‘s strategy has...
Does it matter if a central bank is privately owned? Experience shows that the answer is no. Public or private, central banks give the...
Throughout the Trump years, many of the worst war hawks have abandoned the GOP. However, others are trying to rebrand the same old neoconservative...
For all of the talk about Kamala Harris being a socialist, she certainly does not advocate socialism of the kind we have seen under...
John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for...
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