by Andrew Moran | Feb 25, 2023 | Articles, Business News, Good Reads, Opinion
The Federal Reserve has struggled to get inflation under control. While the consumer price index (CPI) has declined for the last several months, the monetary phenomenon – as Milton Friedman called it – is still pronounced in multiple sectors of the economy, from food...
by Andrew Moran | Feb 10, 2023 | Economic Affairs News, Lights, Camera, Action, Opinion, Swamponomics
The Federal Reserve released the M2 money supply data to the public in January 1960. For the first time on record, the annual rate of money printing turned negative, contracting more than 1% in December. Does this confirm a recession for the US economy in 2023 and...
by Andrew Moran | Jan 26, 2023 | Articles, Business News, Opinion
Global incompetence saved the US dollar in 2022. It might seem counterintuitive, but the greenback had an impressive performance up until November 2022. The US Dollar Index (DXY), which gauges the greenback against a basket of currencies, had soared as much as 20%...
by Andrew Moran | Jan 15, 2023 | Articles, Economic Affairs News, Opinion
It is that time of the year again: Debates over the US debt limit. Treasury Secretary Janet Yellen informed Congress that the federal government will reach its statutory debt limit on Jan. 19, forcing her department to begin “taking certain extraordinary...
by Andrew Moran | Jan 14, 2023 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Like inflation, the Federal Reserve first denied a recession could happen, then said the odds of a soft landing diminished, and now a downturn is “plausible.” But after making policy blunders since the start of the coronavirus pandemic, is the Fed and its counterparts...