US Federal Reserve

Deficit spending is when government overspends its revenues and issues Treasury bills/bonds to borrow the money to […]

Like all indoctrinated economics PhDs, I used to teach students that the Federal Reserve was created as […]

Dear readers and fellow economists, the Federal Reserve is treating a rise in prices from supply shocks […]

First Republic Bank became the second largest bank to fail in the US on Monday, and the […]

The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset […]

The Federal Reserve decided it had not wiped out enough banks and again raised interest rates, thereby […]

With stocks tumbling on Wall Street and increasing worries about more bank failures, the big question is: […]

The failure of Silicon Valley Bank (16th largest bank in US) last Friday resulted from depositors withdrawing […]

Based on reporting of economic data that John Williams has long shown to be unreliable, as have […]

https://vs1.youmaker.com/assets/2023/0113/538f9cee-ca23-4cec-8adb-8034b2d4cc18/audio.mp3 Commentary  In the United States, consumer spending is increasing not from a rise in income but from a […]

https://vs1.youmaker.com/assets/2023/0112/7e0f312b-ffff-4217-bf75-740f357c15ef/audio.mp3 Commentary Among reports of large companies laying off workers and forebodings of a recession, the prestige […]

Yes, prices are rising, but not for the reasons the Federal Reserve says. When I say inflation […]