Topic: Inflation

Money Blindness and Money Clarity

– June 21, 2023

“Macroeconomists and policymakers can speak of anchored expectations all they want, but what ultimately happens is that regular folk find themselves impoverished without really understanding what went wrong or how they could have done things differently.” ~ Joakim Book

Currency, Economic Trends, Inflation

President Biden’s Inflation Malarkey

– June 20, 2023

“Dollar depreciation is why prices are rising. The Fed’s monetary policy, aided and abetted by the President’s and Congress’s massive deficits, are the real cause.” ~ Alexander W. Salter

Central Banking, Economic Trends, Inflation

Some Unpleasant Federal Reserve Arithmetic

– June 15, 2023

“While the Fed is trying to remove the punch bowl with its left hand by raising interest rates, it is trying to put the punch bowl back with its right hand by adding $20+ billion each month in new money to the financial system and periodic ‘assistance’ programs adding even more liquidity to the market.” ~ Paul Mueller

Economic Trends, Everyday Price Index, Inflation

AIER’s Everyday Price Index Declines Slightly in May 2023

– June 14, 2023

“A slew of contradictory data muddying the assessment of the monetary tightening measures has recently been released.” ~ Peter C. Earle

Central Banking, Free Markets, Inflation, Regulation

American Economic Renewal: Demand-Side Foundations of Supply-Side Prosperity

– June 12, 2023

“The economic might of the United States is built on free enterprise. The assaults on private property and the rule of law by Washington insiders threaten the system on which our prosperity depends.” ~ Alexander W. Salter

Central Banking, Government, Inflation

Too Much Power?

– June 11, 2023

“Time will tell if future Fed officials are as resistant to political pressures as its current leadership, succumb to seemingly ever-resurgent MMT influences, or exercise great responsibility in maintaining a sound monetary policy.” ~ David Gillette and Lauren Frazier

Business Conditions, Financial Markets, Inflation

Business Conditions Monthly April 2023

– May 30, 2023

“AIER’s April Business Conditions Monthly indicators reflect the disparate, and to some extent offsetting economic signals emergent within the US economy today.” ~ Peter C. Earle

Government, Inflation, Monetary Policy, Regulation

We Are Measuring Inflation All Wrong: Non-Housing Inflation is Very Low

– May 28, 2023

“Lagged OER and rent overstated inflation by more than two percentage points over the past ten months – raising it to 3.3 percent from 0.6 percent.” ~ Alan Reynolds

Inflation, Monetary Policy, Sound Money, Sound Money Project

Has the Disinflation Process Stalled?

– May 26, 2023

“Fed officials may worry that the disinflation process has stalled. For this reason, the latest data likely increases uncertainty about the future course of monetary policy.” ~ William J. Luther

Economic Trends, Inflation, Monetary Policy, Sound Money Project

What’s Next for the Fed?

– May 22, 2023

“A wide range of outcomes are still possible for 2023, ranging from stagflation to a ‘soft landing.'” ~ Thomas L. Hogan

Central Banking, Economic Education, Inflation, Sound Money Project

The Greedflation Myth

– May 20, 2023

“Politicians on the left would like us to believe inflation is caused by greedy corporations. And some academics are all too happy to provide them with theoretical cover.” ~ William J. Luther

Financial Markets, Inflation, Monetary Policy, Sound Money Project

Three Proposals for Price Stability

– May 20, 2023

“As a ‘dark horse’ candidate, Ramaswamy has a greater burden of proof before the electorate. He needs to prove his policy proposals are a cut above his rivals’.” ~ Alexander W. Salter