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America’s Future Inflation Crisis?

America’s Future Inflation Crisis?

by Dan Mitchell | Feb 15, 2026 | Blogs, Government Spending, Welfare and Entitlements

Let’s start today’s column with two simple and uncontroversial statements. Without real entitlement reform, the burden of government spending will grow dramatically over the next few decades. There are only three ways – taxes, borrowing, and money-printing – to...
In His Quest for Easy-Money Policy, Trump Launches Lawfare Against the Federal Reserve

In His Quest for Easy-Money Policy, Trump Launches Lawfare Against the Federal Reserve

by Dan Mitchell | Jan 12, 2026 | Blogs, Monetary Policy

When he first ran for President, I observed that Trump was a big-government Republican. This doesn’t mean he’s part of the moderate GOP establishment, like Bush and Romney. But it does mean that there is considerable overlap in terms of...
Trump Copies Biden’s Leftist Demagoguery

Trump Copies Biden’s Leftist Demagoguery

by Dan Mitchell | Nov 8, 2025 | Blogs, Economics

I’ve pointed out that Donald Trump and Joe Biden have very unfortunate similarities on issues such as trade and government spending. Sadly, it appears that they also like to engage in victim blaming when bad government policies lead...
Understanding Protectionism and Inflation

Understanding Protectionism and Inflation

by Dan Mitchell | Jun 16, 2025 | Blogs, Economics, Trade

When I give speeches about Trump’s protectionism, the most-common question I get is about the impact on jobs (it’s a net job destroyer). In the past month or two, however, I’m getting more questions about protectionism and inflation....
Understanding Protectionism and Inflation

Don’t Make it Easier for the Fed to Have Bad Monetary Policy

by Dan Mitchell | Apr 20, 2025 | Blogs, Monetary Policy

I have been very critical of the Federal Reserve. For a long time. The central bank has give us more than one hundred years of boom-and-bust monetary policy. And to make matters worse, the booms are false and the busts are real. Yet no...
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