Neither Government Spending Nor Fed “Printing” Caused Higher Prices
Higher prices aren't necessarily inflation. We have higher prices since the coronavirus not because of monetary error, but due to tragic lockdowns.
Stop the printing presses: Why the Fed should target a hard 2% inflation cap
The optimal target for inflation is a range, so that businesses are not discouraged from risk-taking and consumers are not trying to front-run rising prices. The U.S. Federal Reserve has initiated its ...
Forbes4mon
As Economists Are Today, Milton Friedman Was Incorrect About Inflation
it has nothing to do with inflation. To which some will reply that what Friedman actually meant was that governments print money, and then spend the money printed. Supposedly the latter causes ...
Where Does Money Come From?
The US Treasury runs the nation’s mints. Those mints print money. However, they do not print new money, per se. The only way ...
MercoPress10mon
The Economist, “After 100 brutal days, Javier Milei has markets believing”
On December 10th he took over a bloated state running vast budget deficits financed by printing money. Inflation was rampant, the peso’s value in the drain. The government owed US$ 263bn to ...
Morningstar12d
Stop the money-printing press: Why the Fed should target a hard 2% inflation cap
The Fed glosses over any culpability in triggering and extending U.S. inflation. However, it did print about $4.8 trillion in new money to support the overly generous COVID relief to households ...