by Dan Mitchell | Apr 9, 2024 | Blogs, Economics, Keynesian, Monetary Policy
To explain why the “war on cash” is misguided, I have a seven-part series (here, here, here, here, here, here, and here) explaining why it is dangerous to eliminate currency and rely solely on government-provided digital money. Using the...
by Brian Garst | Feb 14, 2024 | Testimony and Speeches
[PDF] February 9, 2024 The Honorable Jerome H. PowellChairBoard of Governors of the Federal Reserve System20th Street and Constitution Avenue, N.W.Washington, D.C. 20551 Re:...
by Dan Mitchell | Nov 16, 2023 | Blogs, Economics, Monetary Policy
When Reagan campaigned for the White House, his economic plan was based on four pillars. I wrote a study about those policies for the Club for Growth Foundation and I wanted to answer two questions. First, was Reaganomics successful? Second, should...
by Dan Mitchell | Oct 28, 2023 | Blogs, Monetary Policy
I wrote yesterday about the two big reasons that central banks – such as the Federal Reserve in Washington – impose misguided monetary policy. They create too much money because they want to artificially goose the economy with Keynesian monetary policy,...
by Dan Mitchell | Oct 27, 2023 | Blogs, Monetary Policy
Most people (though not all) understand that inflation is the result of bad monetary policy. That’s the easy part to grasp. What’s more difficult is figuring out why politicians and their central bankers impose bad monetary policy. Are they creating too...
