>"Oil prices were little changed during Asian trade on Friday, though were headed for their first weekly gain in five weeks, _...Read More_

"Surging inflation and an ongoing economic slowdown should have hurt demand for the US dollar, and yet the greenback is at a 20-year high. The US economy’s relative strength and the Fed’s rapid monetary tightening will likely keep the _...Read More_

>"The exact impact of sanctions is always difficult to assess in the short-term. But there are signs it is an effective strategy against Russia – and the only real option."

>"The Federal Reserve is expected to raise interest rates another three quarters of a point this week in its effort to bring down inflation, further increasing the strength of a rapidly rising dollar in the process.  That’s increasingly _...Read More_

"Is China misbehaving? Should President Joe Biden’s administration work itself into a lather? The answer is no. There is much less here than meets the eye. Indeed, far less attention is being paid so far to recent renminbi depreciation than _...Read More_

"Say what you will about Karl Marx, the man knew how to turn a phrase. His observation about history repeating itself, first as tragedy then as farce, surely applies to the ongoing failure of U.S. monetary policy. Alex Pollock’s insightful _...Read More_

>"Where We've Been—And Where We're (Maybe) Going"

"Proponents argue West is heading for decades-long GDP growth stagnation"

"Inflation is the wrecker of worlds. It destroys purchasing power, increases the signal-to-noise ratio of prices critical to entrepreneurs and business managers, and distorts accounting records. Its uneven effects may make unprofitable _...Read More_

"When the United Kingdom was forced to abandon the European Monetary System's exchange rate mechanism 30 years ago, British officials took it as a happy consequence that the UK would not qualify for the euro. But this meant that Britain _...Read More_

“.. we’re starting to see pretty dramatic improvements,” said Joanne W. Hsu, an economist at the University of Michigan. “It’s very much being driven by a _...Read More_

"With plenty of jobs and high inflation, the U.S. is between boom and bust."

"If Biden truly wants to cement his legacy and restore American dominance, he will have to get out of the way and let individual drive and creativity flourish."

>"Anatole Kaletsky cautions against dismissing the incoming British prime minister’s radically unorthodox economic-policy agenda."

It always baffles me when we are told the world needs to reduce energy consumption. Energy is directly linked to prosperity. We need to figure out how to make more, not reduce global consumption. Sure efficiencies can help but to lift the _...Read More_