To ELECT JORDAN SPEAKER or NOT?

[ Analysis and Opinion.]   Should Jim Jordan be elected Speaker of the House of Representatives?   The U.S. Congress is currently in gridlock.  The Democrats by a slim majority control the Senate.  And, the Republicans, again by a slim majority, control the House of Representatives.  If one examines history there’s nothing particularly disturbing about Read More …

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 …

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 …

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 …

SHATTERED IDEALS: REAL POLITICS

[Analysis and Opinion.]   Time is precious, especially in a world that moves faster and faster.   We’ve posted several early videos extolling the virtues of free trade and the World Trade Organization (WTO).  Over and over we’ve talked about how inter-related all countries are in what is a World economy.  However, given recent events 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 …

Fiscal Policy & Physical Conditioning

Here’s an updated discussion on Fiscal Policy and its affects on Gross Domestic Product (GDP) and of course, jobs and inflation.   What is “full employment, and when will inflation kick in? Of course, we are also interested in balance, which for our purposes, means health and fitness.  See our host attempt 70 push-ups and a Read More …