Ever since Federal Reserve Chairman Jerome Powell described cyclical or COVID-related elements of inflation as…
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Investing
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Starting with the April 2021 release, virtually every monthly Consumer Price Index (CPI) report has…
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I’ve often drawn attention here to the virtues of the Canadian banking system, especially as…
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“The fateful errors of popular monetary doctrines which have led astray the monetary policies of…
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Editor's PickInvesting
About Your Proposal for Better Payment Arrangements: Does it Pass the Market Test?
Many economists acknowledge that ordinary private goods and services need to “pass the market test”—generate…
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Saule Omarova Beth and Marc Goldberg Professor of Law Cornell Law School Ithaca, NY Dear…
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There is increasing pressure on central banks to take climate change into account in formulating…
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Editor's PickInvesting
How U.S. Government Paper Currency Began, and How Private Banknotes Ended
by adminA couple months ago, in arguing that “The Fed should give everyone a bank account,”…
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Editor's PickInvesting
The GameStop Episode: What Happened And What Does It Mean? (CMFA Working Paper No. 005)
by adminThe post The GameStop Episode: What Happened And What Does It Mean? (CMFA Working…
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“Why should we not let people use freely what money they want to use? [They]…
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