by Andrew Moran | Oct 2, 2023 | Articles, Business News, Good Reads, Opinion
Eminent economist Milton Friedman famously said about inflation: “It is always and everywhere, a monetary phenomenon. It’s always and everywhere, a result of too much money, of a more rapid increase in the quantity of money than in output.” Suffice...
by Andrew Moran | Mar 13, 2023 | Articles, Economic Affairs News
What a weekend it was for Silicon Valley Bank and the entire financial market. After plenty of worst-case scenarios being discussed in recent days, it seems that the public may no longer need to panic now that a crisis has been mostly averted. But is this the first...
by Andrew Moran | Sep 7, 2021 | Articles, Economic Affairs News, Good Reads, Opinion
The Federal Reserve has signaled that it plans to taper the $120-billion-a-month quantitative easing (QE) program by year end. The full details are expected to be discussed when the next Federal Open Market Committee (FOMC) policy meeting convenes later this month....
by Andrew Moran | Feb 26, 2020 | Articles, Business News, Economic Affairs News, Politics
You might wonder whenever the U.S. economy experiences a slight cough or a terrible case of rheumatism if the Federal Reserve’s proposed monetary cures are effective medicine or a placebo. Over the last 12 months, a few central bankers have let the cat out of the bag...
by Andrew Moran | Jul 17, 2019 | Articles, Business News, Economic Affairs News, Politics
Isn’t it obvious? The New York Times hired Paul Krugman to troll his detractors. The barrage of attacks, the blatant flip-flops, and the vacuous polemics that would make the 2020 presidential field blush – Krugman is the chief of trolling, and he was way before...