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The FedFinancial MarketsMoney and BanksMoney and BankingPolitical Theory
Steve Mnuchin has said little publicly, but his resume does seem to contrast sharply with Trump's populist campaign.
The FedMoney and BanksMoney and Banking
The Fed's policies continue to cripple the middle class while favoring those few who benefit from the Fed's inflationary policies.
The dollar will remain the world's reserve currency so long as other governments are happy to keep propping it up.
There really are reasons to believe Trump will steer the Fed in a more hawkish direction.
Big GovernmentThe FedU.S. Economy
If want a reprieve from endless campaign coverage this weekend, on Saturday we will be streaming live from our Dallas-Ft. Worth Mises Circle.
In a move that surprised exactly no one, the Fed's Federal Open Market Committee yesterday announced it would take no action.
How do we make criticisms of central banks meaningful to Americans: the truth, the dollar has lost 90% of its purchasing power and inflation is a tax.
As free-floating fiat money, the major currencies of the world are locked in a complex game of relative devaluation and manipulation.
Some inflation hawks are beginning to speak up at the Fed. But will they be enough to put the brakes on the current easy-money experiment?
With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.