Economic Winter Has Arrived By Doug French The Federal Reserve is raising interest rates and we know what follows, given there has been more than a decade of malinvestments building up: severe recession.
What Will It Take to End Rampant Home-Price Inflation? By Ryan McMaken Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.