Central Banking/Federal Reserve


, Real Clear Markets
Congress Must Take Control of Money Back From the Fed
Alex J. Pollock

The question of Money is always political.  What is the definition of “money,” what is its nature, how is it created, and how are debts settled—these are questions that have been much debated…

Can the Federal Reserve manage the next economic crisis?

From American Enterprise Institute:

R Street Fellow Alex Pollock appears at 1:11:49.
When the next recession hits, will the government be able to stimulate growth? Massive budget deficits are…

Weekly Rundown

From National Council of Higher Education Resources:
On Thursday at 10:00 a.m., the American Enterprise Institute (AEI) holds an event titled, “Can the Federal Reserve Manage the Next Economic…

, abc 7 kvia

From ABC 7:
Thursday, Nov. 14 10:00 AM AEI discussion on the Federal Reserve and the ‘next economic crisis’ – ‘Can the Federal Reserve manage the next economic crisis? American Enterprise…

, The Hill
Will the Federal Reserve have a monopoly in digital currencies?
Alex J. Pollock

Cryptocurrencies started out with a libertarian desire to give people an alternative to national money, thereby escaping government power to depreciate their fiat currencies through inflation. Many…

, Law & Liberty
Should the Fed Be Run by Economists?
Alex J. Pollock

Tomorrow, November 2, marks two years since the nomination of Jerome Powell to be Chairman of the Federal Reserve. Leaving aside President Trump’s subsequent expressions of regret at his choice,…

Do you believe central bank assurances?
Alex J. Pollock

To reassure savers worried about the safety of their deposits, the Reserve Bank of India (India’s central bank) recently announced it “would like to assure the general public that Indian banking…

, The Hill
The Fed’s confusions
Douglas Carr

Despite uncertainty about trade, the U.S. economy is growing at around what most economists believe is its long-term potential growth rate, unemployment is very low, inflation remains subdued and…

Central Bank Independence: A Canadian Contrast
Alex J. Pollock

Whether central banks are or should be or could be “independent” of the rest of the government is a key question in political economics and political finance.  Given the great power of the…

, The Hill
A postmortem of the Fed’s failed attempt to normalize
Douglas Carr

For the last couple of years, the Federal Reserve has sought to increase interest rates to quell speculation and provide latitude for cuts in the event of another economic downturn.

The June 19…