Home » Posts tagged 'inflation targeting'

Tag Archives: inflation targeting

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Inflation Targeting Madness: Russia Raises Rates Again

December 19, 2018

Inflation Targeting Madness: Russia Raises Rates Again I continue to wonder who Bank of Russia President Elvira Nabuillina works for.  Seriously.  On Friday, in response to solid growth in Russian economic statistics over the past few months, Nabuillina again raised interest rates 0.25%. She still adheres to idiotic IMF-style ‘inflation targeting’ dogma. Price inflation in […]

Continue Reading →

The Fed’s “Inflation Target” is Impoverishing American Workers

June 21, 2018

The Fed’s “Inflation Target” is Impoverishing American Workers Redefined Terms and Absurd Targets At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.”  To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase in […]

Continue Reading →

How the Fed’s Inflation Policies Crucify Workers in Pictures

February 19, 2018

How the Fed’s Inflation Policies Crucify Workers in Pictures Every month, pundits comment on average wages. But median wages best explain how the Fed’s policies crucify workers. The meme of the day is wage growth is accelerating. I disputed that notion on February 7, in Acceleration in Wage Growth is a Statistical Mirage. On February […]

Continue Reading →

Mark Carney Forced To Explain Surge In UK Inflation To Highest In Almost 6 Years

December 12, 2017

Mark Carney Forced To Explain Surge In UK Inflation To Highest In Almost 6 Years The market expected Mark Carney to avoid it but it was just not meant to be. The BoE Governor will suffer the ignominy of a bizarre tradition of having to write a letter to the Chancellor of the Exchequer explaining […]

Continue Reading →

Austrian Monetary Theory vs. Federal Reserve Inflation Targeting

August 31, 2017

AUSTRIAN MONETARY THEORY VS. FEDERAL RESERVE INFLATION TARGETING One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem […]

Continue Reading →

The Wrong War For Central Banking

October 28, 2015

The Wrong War For Central Banking Fixated on inflation targeting in a world without inflation, central banks have lost their way. With benchmark interest rates stuck at the dreaded zero bound, monetary policy has been transformed from an agent of price stability into an engine of financial instability. A new approach is desperately needed. The […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress