Unfounded Fed tightening myths are backfiring on the economy.
Federal Reserve
Posted inTAP
The Federal Reserve’s Overkill
Today on TAP: The central bank needs to take a pause and give its past rate hikes time to work.
Posted inTAP
The Economy Is Still Robust
Today on TAP: Will the Fed take that health as a cue to keep strangling it?
Posted inEconomic Policy
Private Investors Can’t Stop America From Borrowing Money
Nonsensical austerity talking points are creeping back into the political discourse.
Posted inLaw and Justice
Conservative Judicial Ruling Threatens Functioning of Daily Life
The attempt to make the CFPB unconstitutional has grave consequences.
Posted inAmerica and the World
IMF and World Bank Predict Tolerable Crises
Rich economies expect to be largely unaffected by debt distress and looming defaults in developing countries.
Posted inTAP
Bernanke’s Odd Nobel Prize
Today on TAP: As a close student of the Great Depression, he knew enough to prevent a repeat of it—but forgot the lessons about the need for tougher regulation of the financial system.
Posted inEconomic Policy
The Selling of Jerome Powell
Those who favored Powell’s renomination to the Federal Reserve insisted that he would never do precisely what he’s doing now.
Posted inTAP
Recovery Is Not Quite Dead
Today on TAP: This will only whet the Fed’s appetite for more punishment.
Posted inTAP
Stock Market Cheers Bad Economic News
Today on TAP: In hopes that maybe the deepening recession will change Fed policy. No such luck.
