Topic: Inflation

Financial Markets, Government, Inflation, Monetary Policy

After Three Holiday Seasons, Pandemic Monetary Policy Still Driving up Prices

– December 15, 2022

“The HDAY Index and TDAY Index lead to the same irrefutable conclusion: the ongoing cost of policies implemented to mitigate the spread of COVID are large and, almost three years later, proving disconcertingly persistent.” ~ Peter C. Earle

Financial Markets, Government, Inflation, Monetary Policy

Ocean Shipping’s Effect on Inflation was Negligible

– December 14, 2022

“High shipping prices have had a provably inconsequential effect on the general price level over the past two years. Expansionary monetary policies remain the prime culprit for the high prices and other economic distortions that persist in the US economy.” ~ Peter C. Earle

Crisis, Government, Inflation

Inflation is Deflating the American Dream

– December 2, 2022

“Big-government policies must end before they send us further down the road to serfdom. Our newly elected officials have a responsibility to prioritize fighting inflation, and restoring the American Dream.” ~ Vance Ginn

Art and Culture, Financial Markets, Government, Inflation

An Inflationary Thanksgiving, Revisited

– November 24, 2022

“Americans face another costly holiday season owing to the heavy-handed and arguably unnecessary monetary and fiscal programs early in the COVID pandemic.” ~ Peter C. Earle

Financial Markets, Inflation, Monetary Policy

Inflation Remains Stubbornly High

– November 11, 2022

“The neutral real interest rate is thought to be around 0.25 percent, suggesting the Fed may need to raise its nominal interest rate target another 175 to 200 basis points just to get to neutral.” ~ William J. Luther

Economic Growth, Inflation, Monetary Policy

Economic Growth Doesn’t Cause Inflation. Here’s Why

– November 10, 2022

“It’s important to get the basic economic relationships right when discussing monetary policy. Economic growth isn’t inflationary. Journalists and central bankers should stop saying otherwise.” ~ Alexander William Salter

Cryptocurrency, Financial Markets, Inflation, Technology

Flatcoins: A More “Stable” Stablecoin?

– November 1, 2022

“If successfully developed, flatcoins will join the ranks of other digital assets like Bitcoin, providing individuals and institutions with monetary solutions outside fiat currencies.” ~ Peter C. Earle & David Waugh

Financial Markets, Inflation, Video

Markets Rally Despite Inflation Report: Peter C. Earle on CBS News (Video)

– October 31, 2022

“Peter C. Earle, economist and research faculty at the American Institute for Economic Research, joined CBS News to discuss financial markets and the economy in light of the CPI report.” ~ AIER

Government, Inflation, International

Fact Checking the President on Global Inflation

– October 26, 2022

“An administration which was evidently so troubled by ‘misinformation’ would more profitably target it not by establishing a ministry, but by looking in a mirror.” ~ Peter C. Earle

Financial Markets, Inflation, Monetary Policy

Rising Inflation Expectations Pose a New Threat to Fed Efforts

– October 20, 2022

“Herding, of sorts, may thwart the effects of contractionary monetary policy measures to some degree. The Fed has a tough job ahead of it, one which may have just become a bit tougher.” ~ Peter C. Earle

Central Banking, Inflation, Monetary Policy

Inflated Hopes and Burst Bubbles

– October 18, 2022

“The Fed’s chief task is to restore its lost credibility. In retrospect, the switch to average inflation targeting was a mistake. It gave the Fed plausible deniability for noisier, less predictable policy.” ~ Alexander William Salter

Government, Inflation, International

After Promoting Lockdowns, U.N. Advocates Inflationary Policies

– October 16, 2022

“The United Nations’ penchant for promoting the most dunderheaded option at every opportunity might be respectable from the standpoint of predictability.” ~ Peter C. Earle