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larspsyll.wordpress.com | ||
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blogs.wellesley.edu
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| | | | | [AI summary] The article discusses the 2021 Globie winners, Jeff Garten's book on the 1971 decision to end the dollar's gold link and Anthony Elson's analysis of the U.S. dollar's enduring global financial dominance. | |
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blairbellecurve.com
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| | | | | The size of the U.S. national debt is getting a lot of attention lately, and for good reason. Deficit spending through the COVID pandemic was enormous, pushing the total outstanding debt to a staggering $31 Trillion, with a T. A better way to measure the size of the debt is as a percentage of our... | |
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www.pgpf.org
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| | | | | Tax expenditures are costly for the federal government but they can be effective vehicles for lawmakers to achieve policy goals. | |
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www.frbsf.org
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| | | With inflation still above the Federal Reserve's 2% objective, there is renewed interest in understanding how quickly federal funds rate hikes typically affect inflation. Beyond monetary policy's well-known lagged effect on the economy overall, new analysis highlights that not all prices respond with the same strength or speed. Results suggest that inflation for the most responsive categories of goods and services has come down substantially from recent highs, likely due in part to more restrictive monetary policy. As a result, the contributions of these categories to overall inflation have fallen. | ||
