by Dan Mitchell | Oct 27, 2022 | Blogs, Europe
I was excited about the possibility of pro-growth tax policy during the short-lived reign of Liz Truss as Prime Minister of the United Kingdom. However, I’m now pessimistic about the nation’s outlook. Truss was forced to resign...
by Dan Mitchell | Oct 1, 2022 | Blogs, Monetary Policy
Today’s column is about inflation and I want to start by recycling this clip from an interview back in April. The main message is that the Federal Reserve deserves the blame for inflation. America’s central bank created dramatically expanded...
by Dan Mitchell | Jul 14, 2022 | Blogs, Monetary Policy
Milton Friedman wisely observed that inflation is always the result of bad monetary policy by central banks. And I echoed that point last month in remarks to the European Resource Bank meeting in Stockholm. This topic deserves more attention, particularly given...
by Dan Mitchell | May 24, 2022 | Big Government, Blogs, Europe, Monetary Policy, Welfare and Entitlements
Earlier this year, I pointed out that President Biden should not be blamed for rising prices. There has been inflation, of course, but the Federal Reserve deserves the blame. More specifically, America’s central bank responded to the coronavirus...
by Dan Mitchell | May 7, 2022 | Blogs, Monetary Policy
Back in 2015, I explained to Neil Cavuto that easy money creates the conditions for a boom-bust cycle. It’s now 2022 and my argument is even more relevant. That’s because the Federal Reserve panicked at the start of the pandemic and dumped a massive amount of...
