Milton Friedman Isn’t Required To Confirm That Monetarism Is Monetary Phrenology

Anna Fifield is a long-time reporter on North Korean matters for the Washington Post. In a book Fifield wrote about the dysfunctional country, she noted that the U.S. dollar is the currency of exchang...

Walking The Tightrope To Avoid Stagflation

Two years ago, I subtitled my yearly forecast of the economy “We Are All Super-Keynesians Now.” Last year it was “All Eyes On Inflation.” This year the focus is on the adjustment costs of reducing inf...

What If Congress Gave Every American $1 Million?

The title of this week’s opinion piece is a question that frequently comes up on the matter of inflation. As readers of these columns know well, the view here is that we presently do not have an infla...

Layoffs loom on the horizon, some economists say

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently...

This Is Why We Are Not In A Recession Yet, But It’s Just A Matter Of Time

The market bounce may be short-lived if it thinks that the Fed is going to become less aggressive … [+] anytime soon. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Image...

How the Federal Reserve fights inflation through interest rate hikes

Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...

Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer

Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely. “...