Monetary Policy
What the Hell Just Happened With Crypto?
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
Inflation Still Soaring at 8.3 Percent as Food, Housing, and Services Keep Getting More Expensive
Gas prices fell in April, dragging the month's average price increases down to 0.3 percent after March's staggering climb.
Is High Inflation the New Normal?
With inflation running above 7 percent, we are experiencing the strongest price pressures in nearly 40 years.
Thank the Government for the High Price of Holiday Meals
But also be thankful that Americans have been spared the worst of soaring food costs.
The Hidden History of the Trillion Dollar Coin
Friday A/V Club: In 1992, it was a paramilitary America Firster who wanted to #MintTheCoin.
Cryptocurrency Fight Holds Up Infrastructure Bill
For now, the side that wants less cryptocurrency regulation and taxation lost.
Good Economic Policy Is About More Than Inflation
Monetary policy can't work optimally until we free up the economy in other important ways.
Is Inflation Back for Good?
Prices are up all over the economy. Here are scenarios about what might happen next.
The Fed's Digital Dollar Would Be 'Nightmareville' for Privacy
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
The Real Inflation Risk Is Political
The short-term inflation outlook isn't as grim as it looks, but the long-term situation could be awful
Does National Debt Still Matter? America's Greatest Gamble
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
How a Socialist Candidate Plans To Destroy Ecuador's Currency
Will Ecuador make the same mistake Venezuela already suffered through with dedollarization?
Stock Market Suspiciously Healthy. The Federal Reserve Does All It Can to Keep Economic Reality From Setting In.
The government is doing what it can to help out Big Money.
China Is Rolling Out a Government Digital Currency. We Shouldn't Try to Copy Them.
Western countries aren’t immune to the siren call of surveillance via commerce-tracking.
Congress and the White House Are Inching Closer to a 'Helicopter Money' Response to Coronavirus Crisis
In the past, the federal government has sent everyone checks to stimulate the economy. But paying for all the losses that come with a coronavirus-induced shutdown would require more novel policies.
Trump Gets What He Wants as Federal Reserve Interest Rate Target Drops to Zero
Paired with a new round of quantitative easing, the Fed takes us back to the 2008 playbook.
Federal Reserve Promises a Trillion-Plus in Short Term Loans to Banks.
Series of huge short-term loans to financial services presages a new era of "quantitative easing" and Fed balance sheet growth
Australia Moves To Restrict Cash and Build Up Its Surveillance State
It’s all part of the international push by officials to monitor the public. You’re next.
Trump Is Wrong About the Fed, and the Fed Is Wrong About Economics
Milton Friedman once said that "money is much too serious a matter to be left to the central bankers." He was right. Still, we should ensure the Fed isn't being swayed by partisan interests.
Stossel: Is Bitcoin Better Money?
Regulators hate Facebook's proposed "Libra” currency. They may kill it. But they can't kill Bitcoin so easily.
Bitcoin at 10
A new book aims to chronicle the digital currency's ideological origins.
Can Bitcoin Replace Central Banking? A Debate
Listen to economists Saifedean Ammous and George Selgin face off at the Soho Forum.
Can Bitcoin Replace Government-Issued Money? A Debate
Watch economists Saifedean Ammous and George Selgin face off at the Soho Forum.
Trump Wants to Name Political Loyalists to Federal Reserve Board
Fed governors like Herman Cain or Stephen Moore are likely to want to goose short term apparent prosperity to help the president politically. That's a bad idea.
Alexandria Ocasio-Cortez's Green New Deal: A Bizarre Grab-Bag of Terrible Ideas
Q&A with economist Veronique de Rugy.
Trump Wants More Low Interest Rates From Federal Reserve but Isn't Getting Them
Trump worries that the Fed chief's predictable interest rate policy could impair the economic growth needed to make his tax policies viable.
Venezuela Relaxes Rules for Expats Sending Desperately Needed Money Home to Their Families
The country has liberalized one aspect of the disastrous capital controls established by Hugo Chavez in 2003.
Bitcoin Sends Elite Economists Into Glorious Fits of Confusion
Joseph Stiglitz is the George Costanza of economists: Every instinct he has, do the opposite.
Jerome Powell Nominated As New Federal Reserve Chair
Analysts expect little substantive change from the previous Janet Yellen regime.
Bitcoin and the Blockchain Will Stomp Out Wall Street Fraud
Q&A with Caitlin Long, a former Morgan Stanley managing director, cryptocurrency enthusiast, and recent convert to Austrian economics.
Venezuela Reminds Us That Socialism Frequently Leads to Dictatorship
Nicolas Maduro's Venezuela is one place where Friedrich Hayek's most dire warnings remain relevant.
Governments Trash Cash, Making Alternative 'Money' More Attractive
Bitcoin, gold, and other unofficial means of exchange get free marketing from idiotic officials.
Making the Most of the Next Recession
Another downturn is inevitable. What matters is how we respond.
A New Look at the Kennedy-Reagan Growth Recipe
JFK and the Reagan Revolution argues that America can return to prosperity by looking to the Kennedy-Reagan model of income tax cuts and a strong, stable dollar.
Friday A/V Club: G.I. Joe's Guide to Monetary Policy
If you want to learn economics from a TV cartoon, you're better off watching South Park.
Federal Reserve Announces First Interest Rate Target Hike Since 2006
Embedded in the move is even larger interest on reserves payout to banks.
Where's the Debate on Monetary Policy?
Republican candidates appear to be ignoring the topic.
Peter Schiff on the Fed, Rand Paul, and the Next Financial Crisis
"What the voters want is snake oil. They want something that makes them feels good"
Yellen: The Flogging of the Fed's Fiscal Policy Will Continue Until Morale Improves
Low interest rates ahoy!