Powell Places His First Step On the Stairs Of Hopeful Monetary Policy
The current adventures in monetary policy take me back to the early pandemic times when…
Government
Dr. Duru Powell vs. Waller: Divided Fed Faces Tariff-Driven Inflation Uncertainty
Monetary intrigue has emerged in the form of an apparent divide inside the Federal Reserve…
Jerome Powell: Meaningful Inflation Is Coming
The press conference for the Federal Open Market Committee (FOMC) was about as boring as…
Transitory Complete: Fed Chair Jay Powell Gets Comfortable With the Inflation Hawks
Transitory Complete Pandemic-era inflation pressures were not transitory after all. The inflation watchers I follow…
The Fed Asks “What Inflation?”
Last week, headlines and pundits were hot and bothered about the potential for the Federal…
U.S. Postal Service increases prices an average of 5% for shipping services
The U.S. Postal service is raising prices in an effort to bring in enough revenue…
The Rice Panic of 2007
On November 4, 2011, NPR’s Planet Money did a “blast from the past” podcast reviewing…
The Federal Reserve finally tries to fight a bubble…in the price of farmland
(Hat tip to a friend who pointed me to this article) Under Alan Greenspan, the…
San Francisco earns windfall from driving up the cost of parking on holidays
Parking enforcement is one of the sneakier ways a local government can drive up to…
Argentine government hunts down inflation reporters. Protecting spending programs?
The Argentine government says inflation is 9.8%. Everyone else thinks it could be as high…