Price Stability Is More Than Enough for the Fed — No New Mandates
It’s no secret that the Fed is having a hard time controlling inflation. While it is failing at its primary...
Will Federal Reserve Losses Impact Fed Shareholders or Affect Monetary Policy?
The United States is experiencing the highest inflation in 40 years. The Federal Reserve has finally started raising interest rates...
Who owns the Fed’s massive losses?
We estimate that at the end of May, the Federal Reserve had an unrecognized mark-to-market loss of about $540 billion on its...
Are Cryptoassets The Great Scam?
At the New York Times, Paul Krugman writes that cryptoassets are a “Great Scam,” with all cryptoassets worthless. He even...
Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?
For the first time in its 108-year history, the Federal Reserve System faces massive and growing mark-to-market losses and is...
Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?
For the first time in its 108-year history, the Federal Reserve System faces massive and growing mark-to-market losses and is...
The Renewed Politicization of the Federal Reserve
Economic research shows that monetary policy works best when conducted by an independent central bank. After Fed chairs in the...
The Fed’s Doomsday Prophet Has a Dire Warning About Where We’re Headed
Thomas Hoenig doesn’t look like a rebel. He is a conservative man, soft-spoken, now happily retired at the age of...
