Alexander W. Salter

Economics

To Whip Inflation, Trump Needs The Courage To Be Unpopular

How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption…

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Economics

Against Central Bank Independence

President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor…

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Economics

To Whip Inflation, Trump Needs The Courage To Be Unpopular

How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption…

Read More »
Economics

Forecasts Stable: The Fed Should Take a Breather

Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and…

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Economics

Moderate Inflation Affirms Fed’s Path to Easing

"The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t…

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Economics

Harris’s ‘Joy’ Would Cost US Dearly

"Economists have a duty to point out just how destructive these proposals are." ~Alexander W. Salter

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Economics

Moderate Inflation Returns in July

"To judge whether monetary policy is loose, it is not enough to show that monetary aggregates are growing at historically…

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Economics

There’s Nothing Conservative about Deficits and Debt

"Interest payments now suck up more of the federal budget, leaving less to spend on important political priorities. Since Republicans…

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Economics

Consumer Prices Decline in June

"Interest rates tell us monetary policy is very tight. The money supply tells us monetary policy is somewhat tight. Will…

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Economics

There’s No Good Reason to Raise the Inflation Target

"Why not give the central bank a wider berth, if it helps to stabilize the economy? Because it doesn’t actually…

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