powerj

How Powell can Set Right Monetary Policy and Financial Markets

– July 14, 2019

It is the perfect time for Powell to set right the financial sector and establish a return to normalcy.

READ MORE
Screen Shot 2019-07-11 at 8

The Fed Reverses Course (Video with Edward Stringham)

– July 11, 2019

The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home. AIER President Edward Stringham joins Bloomberg to give his insight.

READ MORE
lagarde

The Choice of Christine Lagarde for the ECB

– July 3, 2019

Lagarde’s experience as a policy-maker and clear communicator may prove very successful. 

READ MORE
projectlibra

If Libra Threatens Central Bank Power, that’s Great

– June 27, 2019

For hundreds of millions of citizens across the world, digital currencies like Bitcoin, Ripple, and potentially even the Libra don’t pose a threat to financial stability. They offer an escape from chronic financial instability and high and variable rates of inflation that result from poorly managed government monies.

READ MORE
Screen Shot 2019-06-26 at 8

Will the Fed Save Us from Trade War? (Video of Ed Stringham on Yahoo Finance)

– June 26, 2019

The Fed chairman insists that the central bank will make independent decisions but there is no way fully to insulate monetary policy from politics. 

READ MORE
hitdollar

A Currency Upheaval Is Coming

– June 25, 2019

If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.

READ MORE
2008crisis

Monetary Policy 10 Years After the Crisis

– June 25, 2019

A decade has passed since the financial crisis of 2008-9. Unfortunately, the Fed is more politically exposed (and policy constrained) than ever.

READ MORE
wareverywhere

Trade War Goes Bipartisan, and the Fed Will Make It Worse

– June 20, 2019

The trade war is heating up. Unfortunately, the Fed’s current framework will exacerbate the damage.

READ MORE
fedeagle

Central Banks Contribute to Inequality

– June 19, 2019

Under a loose-money regime, the powerful get the new money first. 

READ MORE
padlock-597495_1280

Monetary Policy and Constrained Discretion

– June 5, 2019

The problem with constrained discretion is that it leaves up to central bankers the decision when to switch from rule-like behavior to discretionary behavior.

READ MORE
centralbanking

Central Banking Is Central Planning

– April 24, 2019

The long history of central banking, and especially over the last 100 years of paper monies and out-of-control government deficit spending partly funded by “monetization” of the debt, has more than clearly demonstrated that the epoch of modern central banking needs to come to an end.

READ MORE
MCI3

Stephen Moore, Herman Cain, and the Myth of Independence

– April 11, 2019

The president’s decisions to nominate Stephen Moore and Herman Cain leave a lot to be desired. But that is no excuse for perpetuating the myth that the Fed has been independent up until now.

READ MORE