America's Huge Pile of National Debt Makes Combating Inflation More Difficult
A one percentage point increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.
Federal Reserve
If We Don't Get Inflation Under Control, It Could Unleash Some Dramatic Consequences
America needs to get its fiscal house in order.
Democrats' 'Build Back Better' Bill Is a Federal Power Grab. Americans Will Pay the Price.
The legislation will have a negative impact on the labor supply and send high prices soaring even higher.
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.
Inflation Will Make Government Budget Problems Worse
The cost of interest on the national debt will soon be a huge chunk of change.
Biden's Nominee for Comptroller Wants To Put an 'End to Banking as We Know It'
The pick lends ammunition to those who have warned of a slippery slope toward socialism.
When Government Spending Hurts the Most Vulnerable
As inflation increases, we need a low-debt environment.
Good Economic Policy Is About More Than Inflation
Monetary policy can't work optimally until we free up the economy in other important ways.
Erik Voorhees: Governments Can't Stop Bitcoin 'Despite All Their Guns and Weapons'
The ShapeShift founder and early pioneer in the space talks about why bitcoin poses an existential threat to fiat money.
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.
Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading.
A new study finds that as the government expands, the private sector shrinks.
Politicians Play With Fire by Risking Inflation
The value of our money may be the latest victim of pandemic-era policy.
Biden Claims 5 Past Fed Chairs Back His Jobs Plan, but 2 Are Dead and 2 More Have Been Quiet About It
Plus: Boomer electoral power dwindling, U.S. migration patterns appear linked to pandemic restrictions, and more...
Political Problems Are Policy Problems
The market's failure to produce an ideal outcome cannot alone justify activist policy, because governments can also fail to produce the ideal.
Feds Propose Even More Surveillance of Your Banking Habits
By lowering the “travel rule” threshold to $250, the government could access more of our financial data.
The Fed Sees Lingering Economic Pain From the Pandemic and the Lockdowns
The danger of the virus can’t be considered to the exclusion of the need for jobs and prosperity.
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.
Another Round of Coronavirus Lockdowns Might Be Coming. They'll Be Far Less Enforceable Than Before.
Plus: Albuquerque police will no longer respond to some 911 calls, the Federal Reserve creates a perverse incentive for corporations to borrow more heavily, and more...
Negative Interest Rates Will Damage an Already Crippled Economy
Some economists believe that a negative interest rate policy will stimulate the economy by reducing the cost of loans. That isn’t how it has worked in practice.
It's Official: Money Printer Go Brrr
The Reason Roundtable discusses Federal Reserve Chair Jerome Powell's 60 Minutes admission, as well as the Libertarian Party presidential race post-Justin Amash
Eisenhower's Military-Industrial Complex Speech in the Age of Coronavirus
The 1961 speech by President Dwight Eisenhower foreshadowed the current government's response to COVID-19.
Coronavirus Is the Health of the State
The disease will leave behind a residue of laws, spending, and precedents for future government actions.
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
Will the Fed Edge Out the Competition With Real-Time Payments?
The Federal Reserve's impact on the real-time payments market all hinges on its willingness to play by the rules.
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.
Federal Reserve Cuts Interest Rates After Trump Calls for Zero Interest Rates
The rate cut is too little, too late for Trump, who says after the move that his Fed chair lacks "guts, sense, vision"
Trump Demands Zero Interest Rates From "Boneheads" at the Federal Reserve
Such a move would emulate other economies, risk inflationary bubbles, and benefit his businesses.
The Fed Is Not the Answer for Real-Time Payments
There's an inherent conflict of interest when an agency serves as both a regulator and competitor.
MoveOn, Maddow Can't Move on From Mueller Worship: Reason Roundup
Plus: Ohio vice cop indicted for murder, FFC would police "the new kids online beat," and crony Federal Reserve appointments on the way?
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.
What Caused the 2008 Financial Crisis: Market Distortions or Market Failure? A Debate
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
Fed Chair: Cryptocurrency Investors Are 'Unsophisticated'
Chairman Jerome Powell says they are putting their money in risky, unbacked investments built on reckless speculation.
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.
Fed Officials Will Continue Interest Rate Hikes in Face of Booming Economy
Minutes from the Fed's June meeting indicate that it will continue gradual interest rate hikes.
Is the Economy Doing Too Well?
"The economy is not like an engine that's going too hard," so let's stop analyzing it like one.
No, Repealing the Volcker Rule Won't Cause an Economic Collapse
Instead of limiting what risks banks can take, the government should force banks to live with the consequences of those risks.
Rand Paul, on Trump: 'I Think He Will Sign Audit the Fed if We Can Get it to Him'
Given the state of the modern GOP, that's a very big "if." But the senator is trying for a vote again this week.
Is Bitcoin the Death of Fiat Currency?: Podcast
Q&A with Michael Goldstein and Pierre Rochard of the Satoshi Nakamoto Institute.
Ron Paul: A Popular Libertarian Candidate in 2020 Is 'Very Possible'
The former 1988 Libertarian nominee and 2008 and 2012 Republican candidate for president says Trump is just a temporary setback for the libertarian moment.
Jerome Powell Nominated As New Federal Reserve Chair
Analysts expect little substantive change from the previous Janet Yellen regime.
Will Congress Finally Pass 'Audit the Fed' Legislation?
The Federal Reserve Transparency Act would not politicize the Fed, but will provide Congress with more information.
New Audit the Fed Bill May Have Best Chance of Becoming Law Yet
A version of the bill has been introduced since 2009.
Audit the Fed Bill Passes Committee
Headed to House floor for eventual debate and vote.
