
Trump Needs the Money Printer
Trump has a long history of begging the Fed to print money, and in his second term, that hasn’t changed a bit. In fact, he needs the free money spigots to turn on to delay a collapse that, otherwise, he’d be blamed for.
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Trump has a long history of begging the Fed to print money, and in his second term, that hasn’t changed a bit. In fact, he needs the free money spigots to turn on to delay a collapse that, otherwise, he’d be blamed for.
Mexico’s latest inflation numbers released by INEGI (Instituto Nacional de Estadística y Geografía) on June 9th reveal continued fragility in the economy despite official reassurances. For the month of May, inflation rose 0.28% month-over-month, bringing the annual inflation rate to 4.42%. While the central bank and policymakers emphasize easing inflationary pressures, persistently high prices for […]
Delivering his final public remarks as President and CEO of the Philadelphia Federal Reserve on yesterday, Patrick T. Harker urged caution regarding inflation, tariff policies, and rising national debt, highlighting enduring challenges to U.S. economic stability. The speech occurred at the Philadelphia Fed, marking the culmination of Harker’s tenure before his scheduled retirement at month-end. […]
Inflation has come to be one the defining economic phenomena of this generation. As the money supply grows seemingly without end, it’s easy to miss how the erosion of our money wreaks both economic and – more subtly– cultural havoc.
Critics of free markets often argue that the competition found in markets is akin to animals in the wild; in the “dog-eat-dog” world of capitalism, they say, people must fight for survival. In this argument, however, lies insidious equivocation. On the contrary, markets are the most effective means for promoting both peace and social cooperation.
The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends.
While free trade has never been universally popular in America, today its principles are under economic and moral attack from both the left and the right. Yet, the greatest concession that opponents of free trade make is, ironically, their love of the services that the market makes available to them.
Last week the Trump administration hinted at the possibility of new tariffs that would target the European Union and tech giant Apple. As the presidency continues to flip flop on this issue, American citizens should only conclude that the protectionist right is hopelessly deluded on trade.
No one wants Japan’s sovereign debt. The global sovereign bond collapse appears to be rapidly worsening. The Bank of Japan (BoJ) owns more than half of its own government bonds, desperate to prop up the economy by buying domestic debt that nobody else wants. But no central bank can prop up an economy forever.
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.