by Dan Mitchell | Apr 26, 2023 | Blogs, Monetary Policy
Appearing on Vance Ginn’s Let People Prosper, I discussed spending caps, entitlement reform, past fiscal victories, and potential future defeats. For today, I want to highlight what I said about monetary policy. The above segment is less...
by Dan Mitchell | Mar 15, 2023 | Blogs, Economics
Want to know who to blame for the failure of Silicon Valley Bank, Signature Bank, and the general turmoil in the banking sector? Poor management is part of the answer, of course, but the Federal Reserve also should be castigated because of bad monetary...
by Dan Mitchell | Feb 26, 2023 | Big Government, Blogs, Government Spending
In this segment from a December interview, I explain that budget deficits are most likely to produce inflation in countries with untrustworthy governments.* The simple message is that budget deficits are not necessarily inflationary. It depends how budget deficits are...
by Dan Mitchell | Feb 8, 2023 | Blogs, Monetary Policy
While I have profound worries about the future of fiscal policy, I wonder if developments in monetary policy are an even greater threat to individual liberty. More specifically, I’ve written a five-part series about governments and their “War Against...
by Dan Mitchell | Nov 21, 2022 | Blogs
The great Milton Friedman repeatedly explained that rising prices are an inevitable consequence of easy-money policies by central banks. That’s a lesson everyone should have learned about 50 years ago when the Federal Reserve unleashed the...