Recession 'Virtual Certainty' as Interest Rates Spike
Plus: Libertarian Party drama, how rent control hurts renters, and more...
Plus: Libertarian Party drama, how rent control hurts renters, and more...
Plus: A listener asks if it’s possible for bureaucracy ever to be good.
A one percentage point increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.
America needs to get its fiscal house in order.
A new study finds that as the government expands, the private sector shrinks.
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?
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.
Paired with a new round of quantitative easing, the Fed takes us back to the 2008 playbook.
You need to be inoculated from some strange but popular notions about the economy.
The rate cut is too little, too late for Trump, who says after the move that his Fed chair lacks "guts, sense, vision"
Such a move would emulate other economies, risk inflationary bubbles, and benefit his businesses.
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
Minutes from the Fed's June meeting indicate that it will continue gradual interest rate hikes.
Texas Tech University's Robert Murphy vs. Cato's George Selgin at the Soho Forum
Low interest rates ease the pain of carrying so much debt. But in the long run, somehow, the U.S. will end up paying for it.