Monetary policy (page 4)

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    New Carolina Journal Online features

    Carolina Journal Online reports on its three new awards from the N.C. Press Association. Roy Cordato’s Daily Journal explains why too much money — not too much economic growth — causes inflation.
    Mitch Kokai, February 23, 2018
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    Forbes identifies two key economic challenges

    Steve Forbes devotes his latest Forbes magazine column to a pair of obstacles that threaten economic growth. TWO BIG THINGS threaten the improving U.S. economy: a weak dollar and trade protectionism. Both routinely seduce policymakers, and both always result in bitter aftermaths with terrible political consequences. Yet some…
    Mitch Kokai, February 19, 2018
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    Summarizing Fed concerns

    Randall Forsyth of Barron’s considers the economic data driving decisions at the Federal Reserve. Central bankers today seem to be equally scared of a chimera—inflation that stubbornly refuses to rise to their desired 2% level. Federal Reserve Chair Janet Yellen, for instance, has described persistent, sub-2% inflation as…
    Mitch Kokai, November 27, 2017
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    Forbes urges a rethinking of the Fed

    Steve Forbes‘ latest Forbes magazine column explains how a leadership change at the Federal Reserve could lead to helpful changes. THE APPOINTMENT of a new Federal Reserve chairman should trigger a thorough and badly needed examination of that institution’s purposes and the principles on which it bases its…
    Mitch Kokai, November 24, 2017
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    Barron’s explores challenges for the next Fed chief

    William Watts writes at Barron’s about reaction to new Federal Reserve chairman Jerome Powell. Investors appear confident that the status quo of ever-so-slow monetary tightening will continue at the Federal Reserve when Jerome Powell takes over from Janet Yellen in February. But some observers see complacency in that…
    Mitch Kokai, November 13, 2017
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    Policy optimism drives recent stock gains

    Randall Forsyth of Barron’s probes key factors in the Dow’s recent surge. Spurring the overall market’s advance was optimism on two policy fronts, fiscal and monetary. On the former, the Senate on Thursday passed a budget resolution that seemed to pave the way for debate on tax legislation…
    Mitch Kokai, October 23, 2017
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    The long-term challenge of federal debt

    Gene Epstein of Barron’s explains why it won’t be easy to erase the federal government’s debt. Those who deny that soaring debt can ever be a worry for the U.S. often point out that this debt is denominated in the same U.S. dollars the Fed has the ability…
    Mitch Kokai, October 23, 2017
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    Forbes goes for the gold

    Steve Forbes‘ latest column for Forbes magazine lauds a book that makes a case for returning to the gold standard. The key to unlocking a great boom (along with a low-tax regime) is stable currencies. Without sound money we will be hurt by more dangerous and unnecessary crises…
    Mitch Kokai, October 6, 2017