The FED, INFLATION & INTEREST RATES

Below is  the video we did three years ago on the Federal Reserve (the Fed), interest rates and Gross Domestic Product.  Although economic circumstances were much different back then than they are today, the basic economic discussion is still legitimate and relevant. The video is also highly relevant to any discussion of the causes of Read More …

Musings of a Fifty-Year Graduate

[ANALYSIS and OPINION.]   As I write this, it is the 50th Anniversary of my high school graduation.  I won’t get into how Watergate compares to January 6th and/or how the Vietnam War compares to Ukraine etc.  Suffice it to say these are extremely precarious, and even dangerous, times both in terms of international relations Read More …

AMERICA WILL BE SEVERELY TESTED: Budgetary Constraints

[ANALYSIS and OPINION] Does the American public truly believe in democracy?  What price is it willing to pay?  What is the average American willing to sacrifice to preserve our Constitutional principles of three co-equal branches of representative government and the fundamental Freedoms found in the Bill of Rights? Due Process, Equal Protection, Free Speech, and Read More …

SHOULD STUDENT LOANS BE FORGIVEN ?

[ANALYSIS and OPINION.]   Student debt, particularly federally guaranteed student debt, is a big problem.  According to studentloanhero.com there is $1.75 trillion in federally guaranteed student debt out there.  And, over 11 percent of those loans are more than 90 days in arrears.  That amount of student debt, if it were all forgiven, would amount, Read More …

INFLATION: WHO IS TO BLAME?

[ANALYSIS/OPINION]   Contrary to popular belief the President of the United States is not, under our Constitution, a dictator—or at least he is not supposed to be.  In fact, there two other branches of government, namely, Congress and the Supreme Court.  We’ll put aside the Supreme Court because they have no direct effect on inflation. Read More …

SURVIVING WORLD CRISES, BEST PHILOSOPHICAL APPROACH

The world is in crisis. Discusses the rationale for fact-based problem solving decision making and the need to subordinate the historical philosophies and ideological viewpoints of the past. Read More …

The Fed, Interest Rates and GDP 2d ed

the Federal Reserve Bank’s federal funds interest rate policy.  Velocity, the money multiplier, the all important interest rate on excess reserves and the ON RRP are all discussed Read More …

MONETARY POLICY: Second Thoughts About Inflation

    AUGUST 18, 2019     We have wanted to supplement our Fiscal Policy and Monetary Policy (the Fed Interest Rates and GDP) videos for quite some time.  Unfortunately, we’ve been pressed to handle other matters.  Below Is generally where we are headed with that video.   We are hastening to do this because Read More …

FISCAL POLICY AND THE U.S. ECONOMY

( Editor’s note: This blog post and/or video, first appeared on one of the “pages” appearing in the menu bar at the top of this website many months ago.  We reprint/repost it here while we work on supplementing and updating our video on the Federal Reserve Bank, interest rates and monetary policy and because some Read More …

The Fed, Interest Rates and GDP

Here’s a video that directly addresses how the Federal Reserve Board sets interest rates in an attempt to bolster employment, stave off excessive inflation and stabilize long term interest rates.  David Dixon Lentz discusses the inter-relationship between fiscal and monetary policy and how they affect Gross Domestic Product (GDP). Of course, no discussion is complete Read More …