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uneasymoney.com | ||
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www.moneyandbanking.com
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| | | | | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v... | |
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pseudoerasmus.com
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| | | | | Did an "invisible blockade" by the United States fatally undermine the Chilean economy under the presidency of Salvador Allende(1970-73)? Did it actually work? Short answer: No. Note: thispost is notabout the wider US involvement in the September 1973 coup or about the regime of General Pinochet. It's about the economic and financial dimensions of US-Chilean... | |
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www.clevelandfed.org
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| | | | | The recent global financial crisis left governments in many advanced countries with very heavy debt burdens and their central banks with huge portfolios of government bonds. With many central banks today still facing policy rates that are uncomfortably close to zero, some may follow the example of Japan, which recently added a new long-term interest-rate target to its short-term target to give itself "yield-curve control." The Federal Reserve's foray into similar territory around the Second World War sug... | |
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skepticink.com
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| | | Every so often, the U.S. Senate takes center stage in American politics, as it did last week in the dramatic... | ||
