Has the Federal Reserve Broken the U.S. Economy? "The Federal Reserve reflects and embodies the deep dysfunctionality that characterizes the making of economic policy in America today." _...Read More_

"The Federal Reserve on Wednesday is expected to detail plans to end its pandemic-era bond purchases by mid-2022 as policymakers shift their focus towards what, if anything, to do about a surge in inflation that is lasting longer than _...Read More_

"Taper is coming soon, but its effects will be off-set by significant declines in Treasury and Agency MBS issuance. The Fed is trying to tell you that lift-off is closer, but still far away. The taper will be a non-issue."

"Federal Reserve (Fed) chairman Jerome J. Powell indicated that he supported “tapering” toward the end of this year and hastened to add that interest rate hikes are still a long way off."

"Federal Reserve officials often decry the unprecedented disparity between the wealthy and poor. But they usually avoid mentioning the direct role they have played in widening these financial disparities over the past few decades."

A good overview of the Fed's real origins in populist demands for easier credit, rising prices and a money supply less tied to gold.

A good overview of the shifts in economic thinking at the Fed under Powell that need to be secured for the future. If you think this fight has been won, you are making a very dangerous mistake. Powell is best equipped to finish what he _...Read More_

I think we're dealing with a temporary bout of inflation, and the worst might be behind us. But that doesn't mean it's going to be over super quickly.