All posts for the month September, 2020

The Fed’s New Strategy: Tiny Steps Forward

Many experts seem to have mixed feelings about AIT. While some experts are sure that AIT will be disastrous, pro-free market economists tend to view the situation as a rejection of Keynesian Phillips Curve models. The paragraph that caught my attention in Powell’s speech was this: “Our revised statement says that our policy decision will […]

About This Blog

Welcome to my blog on the interminable problems of macroeconomics, especially monetary policy. Veteran blog readers will quickly notice that I am not a common blogger, yet I could no longer resist the positive feelings about starting this blog. All of the recent events(the recession due to covid-19, adoption of FAIT, etc.) show that we […]