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If the Fed was so aggressive, why didn't we have inflation?

In a recent podcast with Robert Hall, Russ Roberts asks: "If the Fed was so aggressive, why didn't we have inflation? And does th...

Sir Thomas Gresham Anyone who makes an effort to study monetary economics quickly encounters the concept of Gresham's law, or the idea t...

Last week we discussed problems with using really big numbers in cryptocurrencies . This week I'd like to talk about misconceptions surr...

I always like reading fund manager John Hussman because he writes very well, but I feel like he's dug himself into a bit of an intellec...

If you haven't heard, protests are breaking out in Zimbabwe and unpaid civil servants are going on strike . This sort of thing hasn...

A Zimbabwean washes U.S. dollars, from NPR Planet Money Here's a surprising development. Zimbabwe, a dollarized nation, is on the verge...

Why can't we create inflation anymore? Maybe it's because money isn't what it used to be. Money used to be like a car; the marke...

A common argument against the Fed raising interest rates next week is the asymmetry in risks that it faces. If it keeps rates low too long ...

Statistical agencies employ data collectors who walk up and down aisles with hand-held computers gathering sticker prices for things like fr...

Here's a conundrum. Many commentators have been trying to puzzle out why stocks have been continually hitting new highs at the same time...

David Beckworth had a very interesting pair of posts outlining how QE would only have had a meaningful effect on the economy if the associ...