The Fed Is Doing "Whatever It Takes" to Prop Up the Economy. That's a Problem.

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May 26, 2020

Samuele Murtinu | Peter G. Klein

The Fed Is Doing "Whatever It Takes" to Prop Up the Economy. That's a Very Bad Thing.

There's now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.

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By Gary Galles

Why Those COVID-19 Models Aren't Real Science

Lord Kelvin once said, “If you cannot measure it, then it is not science” and “your theory is apt to be based more upon imagination than upon knowledge.” This would certainly seem to apply to the many COVID-19 models now used to destroy human rights across the globe.

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By Thorsten Polleit

To Prevent Problematic Inflation, We Need More Production. Which Means There's Trouble Ahead.

Price inflation is so difficult to predict because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.

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By Alasdair Macleod

Central Banks Are Destroying What Was Left of Free Markets

The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.

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